Industri Jamu Sido Muncul (SIDO IJ): Prepare raincoats and Tolak Angin

Industri Jamu Sido Muncul (SIDO IJ)
BUY / TP: IDR:750 (+17.2%)
Analyst: Laras Nadira

Prepare raincoats and Tolak Angin
• Expect robust 2H24, driven by the monsoon
• Continuous growth in export markets
• Attractive entry point
• Upgrade to BUY with unchanged IDR750