First Half Results: Sido Muncul & Prodia

Consumer herbal producer Sido Muncul (SIDO) booked net profit of Rp291.8 billion in the first half of 2018, an increase of 19.1% from the corresponding period last year. The market leader’s sales revenue actually grew only by 5.4% to Rp1.27 trillion in the first half, but lower costs lifted its gross profit by around 19% to Rp635.83 billion.To subscribe please click here