Sido Muncul’s revenue down, shocks market
Sido Muncul recorded an 0.8 % year-on-year decline in revenues to Rp 2.37 trillion
![Sido Muncul’s revenue down, shocks market](https://media.bareksa.com/cms/media/assets/image/2013/11/481_17e10d052c8b0c2659757a6cbe29cfae.jpg)
Sido Muncul recorded an 0.8 % year-on-year decline in revenues to Rp 2.37 trillion
The Jakarta Post - The slight revenue decline experienced by jamu (traditional herbal drink) manufacturer PT Industri Jamu and Farmasi Sido Muncul came as a surprise to market analysts.
They expected companies in the consumer goods sector, including Sido Muncul, to post a revenue increase on par with the industry’s growth of 10 percent.
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