KLBF – Mitigates currency risk

KLBF – Mitigates currency risk Kalbe Farma (KLBF) sets a more conservative growth target of 8–10% yoy for revenue and profit in 2025, slightly above its 2024 performance of 7.2% yoy revenue growth to IDR32.6 tn. In response to economic uncertainty and weakened consumer purchasing power, the company is focusing on the commercialization of new products and plans to increase its use of yuan in raw material purchases from China to mitigate currency volatility. Despite prevailing headwinds, management remains confident that its strategic adjustments will support the achievement of this year’s targets. (Source : Kontan)