SIDO – Targets export market growth in 2025

SIDO – Targets export market growth in 2025 Industri Jamu dan Farmasi Sido Muncul (SIDO) remains optimistic about export growth in 2025 despite a 25% yoy drop in revenue to IDR789.11 bn and a 40.4% yoy decline in net profit to IDR232.94 bn in 1Q25. Export sales contributed 12% to total revenue, and the company continues to expand in existing markets while exploring new international trading opportunities. SIDO plans to boost export performance through product diversification and market development, while maintaining supply chain stability despite global trade tensions. (Source : Kontan)