Sido Muncul Achieves The Achievement Of The Pharmaceutical Category In This Event
JAKARTA - PT Industri Jamu and Pharmacy Sido Muncul Tbk (SIDO) made an achievement by winning the 2025 Indonesian Awards Business for the Pharmacy category. The award was handed over in Jakarta and received directly by the Finance Director of Sido Muncul, Budiyanto, on Monday, June 30.
Budiyanto said this award was a recognition of the company's transformation and commitment, which originated from traditional herbal medicine producers to strong players in the pharmaceutical industry.
"It's very proud for Sido Muncul to win this award. Hopefully in the future we can continue to grow and innovate," said Budiyanto.
He further said that market expansion strategies, both domestic and foreign, as well as efficiency in all lines are the key to success. Countries such as Malaysia, the Philippines, and Nigeria are the main export markets for Sido Muncul.
The Indonesian Awards business is an annual activity from the Indonesian Business Daily, where the implementation of the 2025 BIA is the 23rd since it was first implemented in 2002. The theme that has been set for 2025 is Resilience Towards Uncertainty.
The theme is translated as the company's ability to maintain and improve financial performance consistently, despite being faced with economic and market uncertainty by showing reliable growth stability and financial performance. In general, the selection for the 2025 BIA judging consists of two stages, namely quantitative and qualitative selection.
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The nominations for award recipients, namely issuers and banks who pass each category from the quantitative stage, will be submitted to the qualitative stage.
There are a number of BIA 2025 judges including the Minister of Communication & Information in 2014 2019 Rudiantara, Chairman of the 2017-2022 OJK Board of Commissioners Wimboh Santoso, Deputy Minister of Finance 2014-2019 Mardiasmo, Senior Economist, Secretary of the Financial System Stability Committee of 2001-2010 Raden Pardede, and President Director of PT Jurindo Aksara Grafika Lulu Terianto.
Chairman of the 2025 Indonesian Business Jury Awards, Wimboh Santoso, stated that this award was based on the analysis of the company's financial statements and growth. He hopes that the winners will not be careless and continue to make the best contribution to the national economy.