Corporate Updates
Industri Jamu Sido Muncul (SIDO IJ): Headwinds ahead
Industri Jamu Sido Muncul (SIDO IJ)
HOLD-OPF / TP: IDR:770 (+8.5%)
Analyst: Laras Nadira
Headwinds ahead
• Pressure from inflation
• Strategy to lift growth
• Earnings downgraded
• Re-iterate HOLD-OPF