Industri Jamu Sido Muncul (SIDO IJ): Shines bright – To benefit from flu season
Industri Jamu Sido Muncul (SIDO IJ)
HOLD-OPF / TP: IDR:750 (+7.1%)
Analyst: Laras Nadira
Shines bright – To benefit from flu season
• Beat expectation, earnings jump 35% YoY
• Elevated receivable and inventory days
• Promising demand from la-Nina
• Maintain HOLD-OPF with higher TP of IDR750