SIDO - To expands market to East African

Industri Jamu dan Farmasi Sido Muncul (SIDO) continue to penetrate and expand overseas market to strengthened export revenue. Starting to enter from East Africa (EAC) through Kenya with its Tolak Angin Cair and Kuku Bima Energi products, SIDO will continue to expand to neighboring countries such as Tanzania and Uganda. The company targeting sales growth to reach 10%-15% this year. (Source : Kontan). Comment: Strengthening overseas market to crease stronger foundation on export revenue will give benefit to SIDO total revenue ing forward. Amid the global recession and its impact to rupiah currency, SIDO could note better resilient earnings stream from its export market which could create better total revenue.