ENTITY
Sido Muncul

Sido Muncul (SIDO IJ)

115
Analysis
Consumer StaplesIndonesia
PT Industri Jamu Dan Farmasi Sido Muncul Tbk manufactures and produces herbal products. The Company's products consist of medicinal herbs, energy drinks, sweets and other beverages.
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bullishSido Muncul
24 Nov 2023 19:58Broker

Sido Muncul (SIDO.IJ) - A Steadier Growth Prospect in FY24

Following SIDO’s sluggish sales volume in 9M23, we lowered our FY23/ FY24F net profit estimate by -13.5%/ -12.4%. Nonetheless, we think the worst...

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27 Nov 2023 19:45Broker

Consumer: Festive events in 1H24 and higher social aid to cushion soft recovery in FY24 (OVERWEIGHT)

We expect more provision for social aid and the festive events in 1H24 to cushion soft purchasing power recovery amid modest wage hikes.

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bearishSido Muncul
29 Jul 2023 10:02Broker

SIDO MUNCUL (SIDO IJ) - Downgrade on Sluggish Performance

SIDO MUNCUL(SIDO IJ)Downgrade on sluggish performanceWeak purchasing power at the grassroots level has restricted SIDO’s sales volume growth this year

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