Corporate Updates
Industri Jamu Sido Muncul (SIDO IJ): Sluggish across the board, misses the mark
Industri Jamu Sido Muncul (SIDO IJ)
HOLD-OPF / TP: IDR:570 (+10.7%)
Analyst: Laras Nadira
Sluggish across the board, misses the mark
• Below expectations
• To apply discipline to opex spending
• Slash earnings to worst case-scenario
• Maintain HOLD with lower TP