PT Industri Jamu dan Farmasi Sido Muncul Tbk. (SIDO) has decided to take a more cautious strategic approach to navigate domestic and global economic dynamics. Instead of undertaking large-scale expansion, the herbal medicine manufacturer has chosen to focus on strengthening internal business fundamentals to maintain performance stability through 2026.
President Director of Sido Muncul, Irwan Hidayat, revealed that the company is currently implementing a strict operational efficiency strategy. This move is accompanied by an ongoing commitment to research and new product innovation, which is believed to be the driving engine of the company's future growth.
In addition to product innovation, Sido Muncul is also carrying out inventory adjustments or inventory adjustment. This step is being taken to normalize stock availability at the distributor level, ensuring product distribution remains steady and efficient in the market.
Furthermore, the company is focusing on expanding its export reach as one of the key pillars to boost growth. Sido Muncul is optimistic that the combination of efficiency, innovation, and international market diversification will serve as an effective shield against challenging economic conditions over the next few years.
