MYOR – Gross profit margin declined due to rising raw material prices

MYOR – Gross profit margin declined due to rising raw material prices Mayora Indah (MYOR) recorded revenue of IDR17.79 tn (+9.69% yoy) with its gross profit margin falling to 20.69% in 1H25 due to the increase in raw material prices, such as coffee and cocoa. However, MYOR expects an improvement in gross profit margin as raw material prices have started to decline since June 2025. Sales are also projected to increase in 3Q25 due to post-Eid al-Fitr sales, although export sales experienced a setback because the Chinese Mid-Autumn Festival was postponed by two weeks. This year, MYOR is targeting sales growth of 5–6% yoy. (Source : Kontan)