Coal Average Selling Price Increase

Throughout 9M23, SIDO posted a 10% YoY decline to IDR 2.4 trillion, this was driven by weaker sales from all segments. Net profit for 9M23 also decreased by 19% YoY to IDR 586.6 billion. In
3Q23, demand for Herbal Supplements was recorded slightly higher than the previous quarter, amidst the headwinds of rising food prices. Notably, rice prices have surged more than 20% compared to last year due to the long drought and lower production volume. This has made consumers more sel

Asset Growth

Throughout 9M23, SIDO posted a 10% YoY decline to IDR 2.4 trillion, this was driven by weaker sales from all segments. Net profit for 9M23 also decreased by 19% YoY to IDR 586.6 billion.

Download full report HERE.