Coal Average Selling Price Increase Throughout 6M23, SIDO managed to record a 3% YoY increase in sales to IDR 1.7 trillion, with Tolak Angin still became the market leader (6M23 market share: 73%). SIDO experienced an unrealized foreign exchange loss in 6M23, amounting to IDR 37 billion. This loss was contributed by the Nigerian Naira, which depreciated by more than 70% compared to global currencies, bringing 6M23 net profit to IDR 448 billion or grew by 1% YoY. Asset Growth hroughout 6M23, SIDO managed to record a 3% YoY increase in sales to IDR 1.7 trillion, with Tolak Angin still became the market leader (6M23 market share: 73%). |
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