SIDO – Revising their 2025 performance target due to geopolitical tensions

SIDO – Revising their 2025 performance target due to geopolitical tensions Industri Jamu dan Farmasi Sido Muncul (SIDO) has revised its 2025 performance target in response to the current escalation of global geopolitical tensions. With an initial plan of 10% net-profit growth for 2025, management has decided to cut back after the release of 1Q25 financial results where SIDO reported a 25.09% yoy drop in revenue to IDR789.1 bn, and net profit declined by 40.34% yoy to IDR232.9 bn. (Source : Bisnis Indonesia)