ANNUAL REPORT

Company Annual Report Financial Year 2023

In the midst of challenging economic conditions, the pharmaceutical industry, including Kimia Farma, has to deal with formidable challenges even though the pharmaceutical market continues to experience growth.
One of the main challenges faced is the inadequate supply of raw materials and the implementation of fairly strict pharmaceutical regulations. Therefore, in the best interests of a sustainable business, in 2023, Kimia Farma is focused on strengthening business foundations through strategies and strategic policies carried out by all business entities in Kimia Farma Group by taking info account The market conditions, macroeconomics, company strategy, and other factors. All steps performed by Kimia Farma in 2023 were also accompanied by the transformation of human resources (HR). This step is very important considering that HC is a fundamental aspect to support the Company's performance, both in the short and long term. By strengthening its foundations, Kimia Farma is expected to be better in facing any challenges that may arise in the future.

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