SIDO – To achieve sales target amidst to the rainy season in 4Q24

SIDO – To achieve sales target amidst to the rainy season in 4Q24 Industri Jamu dan Farmasi Sido Muncul (SIDO) will focus on increasing distribution, new product development and marketing campaigns. SIDO also estimates an increase in sales amidst to the rainy season that occurred in 4Q24. Furthermore, SIDO targets high single digit growth for sales and low to mid-single digit growth in 4Q24. Note that, SIDO posted revenue of IDR2.62 tn (+11.42% yoy) and net profit of IDR778.11 bn (+33% yoy) in 9M24. (Source : Bisnis Indonesia)