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SIDO – Sales Growth Amid Herbal Consumption Trend

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Cindy Alicia
Cindy Alicia
Analyst - Consumer, Healthcare
Cindy Alicia
Latest posts by Cindy Alicia (see all)
  • AALI – CPO Price Increase Supports Revenue - May 20, 2022
  • SIDO – Positive Performance from All Segments - May 13, 2022
  • CPIN – Commodity Price Increases Suppress Profit - May 10, 2022

SIDO books sales growth of 20.6%, and net profit grew 35.0% YoY. The Herbal and Supplements still supported SIDO’s performance throughout 2021 as the health awareness continues to increase. In the future, the company will continue to expand both in terms of new product launches, outlet reach, as well as export destination targets.

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