CMRY - A conservative growth target in 2025
CMRY - A conservative growth target in 2025
Cisarua Mountain Dairy (CMRY) is taking a cautious approach to its 2025 financial targets amid challenging macroeconomic conditions. The dairy producer aims for revenue growth of 10%–15% yoy, following a 16.12% yoy increase in 2024, reaching IDR9.02 tn. The company’s net profit also rose by 22.36% yoy to IDR1.52 tn. CMRY’s growth strategy remains volume-driven, similar to 2024, as it navigates an uncertain economic outlook. (Source : Bisnis Indonesia)