PT Sido Muncul's Financial Report for 2011
PT Sido Muncul is a producer of herbal medicine and modern herbal products with the largest market share in Indonesia. It is the producer of Tolak Angin, Kuku Bima Ener-G! and more than 300 other products. PT Industri Jamu Dan Farmasi Sido Muncul Tbk. was established in 1940 by Ibu Rahkmat Sulistio.[^2^]
In 2011, PT Sido Muncul reported a net profit of Rp 147.8 billion, an increase of 25.6% from the previous year. The company's revenue also grew by 18.4% to Rp 1.2 trillion, while its operating profit rose by 23.9% to Rp 212.9 billion. The company attributed its strong performance to its product innovation, marketing strategy, distribution network expansion and cost efficiency.[^1^]
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PT Sido Muncul's financial report for 2011 can be downloaded from its official website at
https://investor.sidomuncul.co.id/en/annual_reports.html. The report contains detailed information about the company's financial statements, business activities, corporate governance, social responsibility and future outlook.[^1^]
PT Sido Muncul is one of the leading companies in the herbal medicine and modern herbal products industry in Indonesia. The company has a strong brand image and reputation, as well as a loyal customer base. The company's products are widely distributed across the country, reaching more than 1.5 million outlets. The company also exports its products to several countries, such as Malaysia, Singapore, Hong Kong, Taiwan, China, Japan, Australia and the United States.
The company's vision is to become a global leader in the herbal medicine and modern herbal products industry, while maintaining its commitment to quality, innovation and social responsibility. The company's mission is to provide health and wellness solutions for the society through its natural and halal products. The company's values are integrity, professionalism, excellence, customer satisfaction and teamwork.
PT Sido Muncul faces various challenges in its business operations, such as the high competition in the herbal medicine and modern herbal products industry, the environmental impact of using natural raw materials, the waste management from the production process, and the social responsibility to the community and stakeholders. The company strives to overcome these challenges by implementing the principles of sustainability, innovation and quality in its business activities.
Some of the strategies that PT Sido Muncul adopts to deal with these challenges are: developing technology to treat waste using an up-flow anaerobic sludge blanket (UASB) tank[^2^], choosing quality ingredients with high yield to reduce excessive use of raw materials[^2^], processing solid waste into fuel for energy efficiency[^2^], building and developing a spice nursery and distributing spice plant seeds to the government and the community[^2^], conducting various community development programs, especially around the operational area of Sido Muncul[^3^], and receiving certifications and awards for its product innovations and environmental excellence[^1^].
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