Sido Muncul Raised Sales Of IDR 1.83 Trillion In Semester I 2025

Illustration. (Photo: Doc. Antara)

JAKARTA - PT Industri Jamu Dan Farmasi Sido Muncul Tbk (SIDO) recorded its first semester of financial performance in 2025, reflecting its resilience in carrying out performance recovery to be able to maintain long-term margins, this is supported by the presence of strong equity brands in several products.

SIDO managed to record net sales of IDR 1.83 trillion in Semester I 2025, a decrease of 4 percent compared to the same period the previous year, while net profit was recorded at IDR 600 billion, a narrow decline of 1 percent on an annual basis, but net profit margins increased to 33 percent, from the previous 32 percent in the same period last year. This achievement can be achieved even though in the midst of weakening household consumption and poor macroeconomic conditions.

Operating profit was recorded at IDR 746 billion, with operating margins increasing to 41 percent, from 40 percent previously last year. This performance is driven by discipline in implementing marketing strategies that prioritize initiatives with high return rates targeting millennials and Gen-Z.

Director of SIDO, Budiyanto said, international expansion is the main structural pillar for long-term growth, supported by localization strategies and regulatory adjustments in the destination market. Export sales continued a positive trend with growth of 17 percent on an annual basis, now contributing 10 percent to total revenue, a significant increase from 7 percent in FY24. This growth was driven by strategic markets such as Nigeria, Malaysia, and the Philippines, with the availability of products that now reach more than 30 countries.

"The innovation remains a growth motor, with the launch of 4 new products and variants in Semester I 2025: Sido Muncul Natural Vitamin D3+K2, Healthy Milk Children, Sido Muncul Natural Sari Daun Salam, and Sido Muncul Tentrem Teh Tarik," he said, at the Public Expose Live, Thursday, September 11.

SIDO's cash position remains strong at IDR 624 billion as of June 30, 2025, despite having returned capital to shareholders through a final dividend of IDR 630 billion and buyback of IDR 116 billion during that period. The company maintains a balance sheet position without debt.

"In the future, SIDO is on the right track to achieve FY25 performance guidance with sales growth and net profit of approximately 5 percent, supported by market penetration which is still not optimal, expansion in the international market, and a product portfolio relevant for the younger generation," he concluded.