SIDO – Expects better performance in 4Q25F on higher herbal demand

SIDO – Expects better performance in 4Q25F on higher herbal demand Industri Jamu dan Farmasi Sido Muncul (SIDO) remains optimistic heading into 4Q25, supported by seasonal demand for herbal supplements and ongoing improvements in distribution. Management expects the rainy season to boost sales of key products, particularly the Tolak Angin group, and highlighted that new launches such as Vitamin C Collagen will further support 4Q25 momentum. As of 9M25, the company booked net sales of IDR2.72 tn (+3.89% yoy), driven primarily by herbal and supplement products contributing IDR1.60 tn, while the food and beverage segment rose to IDR1.02 tn. (Source : Kontan)