Considered To Be The Best Performance Issuer In 2022, Sido Muncul Achieves Awards From Forbes Indonesia

Director of Sido Muncul, Irwan Hidayat. (Photo: Doc. Forbes)

JAKARTA - PT Industri Jamu dan Pharmacy Sido Muncul, Tbk (SIDO) won the Best of The Best Awards in the category The Best 50 Public Listed Companies 2022 from Forbes Indonesia, on Thursday 10 November. The award named Sido Muncul as an open company with the best performance in Indonesia in 2022.

Director of Sido Muncul, Irwan Hidayat, said he was proud of this achievement. The award is in line with the key to Sido Muncul's success, namely honesty and openness.

"It is an honor for us to receive this award. For us, it can reach this stage because the key is honesty and openness. These two cultures we continue to instill in improving Sido Muncul's business. This company is managed in an honest way, nothing has been engineered," said Irwan Hidayat in a written statement, quoted Friday, November 18.

Furthermore, Irwan Hidayat explained, openness was greatly upheld by Sido Muncul. Through openness, all employees know what Sido Muncul is doing to develop his business.

"In addition, we also have to be open, so that all our employees know what we are doing in developing this business," said Irwan Hidayat.

Sebagai informasi tambahan, Best of the Best Awards 2022 diberikan kepada perusahaan-perusahaan terbaik yang tercatat di Bursa Efek Indonesia (IDX). Forbes Indonesia memilih 50 perusahaan berdasarkan kinerja jangka panjang yang positif.

Companies that receive awards have gone through the assessment process by looking at long-term performance based on several assessments such as sales growth, net profit, and return on equity. In addition, the companies on the list are companies that consistently maintain performance growth within the next three to five years.