Indonesian Food, Beverage & Tobacco Strong Balance Sheet Stocks

Formosa Ingredient Factory

Market Cap: Rp212.7b

Produces and sells tapioca pearl, syrup, sauces, powder, and jellies in Indonesia and internationally.

HATTEN BALI

Market Cap: Rp596.2b

Engages in the production and sale of grape wine in Indonesia.

PINAGO UTAMA

Market Cap: Rp1.9t

Engages in the oil palm and rubber plantation business in Indonesia.

Sekar Laut

Market Cap: Rp1.3t

Engages in the production and sale of crackers, tomato ketchup, chili sauce, and ready to use seasoning products under the Finna brand in Indonesia.

Siantar Top

Market Cap: Rp13.3t

Manufactures and sells snacks in Indonesia.

Salim Ivomas Pratama

Market Cap: Rp9.9t

Produces and sells edible oils and fats in Indonesia, China, Singapore, Timor Leste, Nigeria, Haiti, Germany, the Philippines, Papua New Guinea, and internationally.

Wilmar Cahaya Indonesia

Market Cap: Rp1.6t

Produces and sells vegetable and specialty oils for the food industry in Indonesia and internationally.

Garudafood Putra Putri Jaya

Market Cap: Rp13.7t

Engages in the manufacture and trade of food and beverages in Indonesia and internationally.

Campina Ice Cream Industry

Market Cap: Rp1.2t

Engages in processing and producing ice creams in Indonesia.

Akasha Wira International

Market Cap: Rp7.8t

Engages in the manufacture and distribution of bottled drinking water, soy milk, and cosmetic products in Indonesia and internationally.

Hanjaya Mandala Sampoerna

Market Cap: Rp101.8t

Engages in manufacture, distribution, and trading of cigarettes and other tobacco products in Indonesia.

Cisarua Mountain Dairy

Market Cap: Rp36.6t

Produces and sells dairy and consumer products in Indonesia.

Mulia Boga Raya

Market Cap: Rp3.4t

Produces and sells cheese and mayonnaise for salad dressing under the Prochiz brand name in Indonesia.

Charoen Pokphand Indonesia

Market Cap: Rp79.4t

Produces and sells poultry feed, broiler, food products, and day-old chicks (DOC) in Indonesia and internationally.

Sumber Tani Agung Resources

Market Cap: Rp12.0t

Engages in the management and cultivation of oil palm plantations and crude palm oil processed mills, and its derivative products in Indonesia, Singapore, and internationally.

Sariguna Primatirta

Market Cap: Rp12.6t

Produces and sells beverage products in Indonesia.

Cilacap Samudera Fishing Industry

Market Cap: Rp360.0b

An integrated fisheries company, engages in fishing, fish processing, fish trading, and cold chain logistics in Indonesia.

Agung Menjangan Mas

Market Cap: Rp273.7b

Provides services to support aquaculture and shrimp farming in Indonesia.

Pulau Subur

Market Cap: Rp385.8b

Provides palm oil development services in Indonesia.

Esta Indonesia

Market Cap: Rp1.1t

Engages in the breeding and cultivation of swallow bird in Indonesia.

Toba Surimi Industries

Market Cap: Rp464.1b

Engages in the seafood processing business in Indonesia.

Astra Agro Lestari

Market Cap: Rp15.9t

Engages in the crude palm oil and related derivatives business in Indonesia.

Diamond Food Indonesia

Market Cap: Rp5.5t

Manufactures and distributes consumer goods in Indonesia and internationally.

BISI International

Market Cap: Rp2.6t

Engages in the production and sale of hybrid seeds, horticulture seeds, rice seeds, and agriculture products in Indonesia and internationally.

FKS Food Sejahtera

Market Cap: Rp1.3t

Through its subsidiaries, engages in manufacture and retail trade of food products in Indonesia.

Ultrajaya Milk Industry & Trading

Market Cap: Rp13.5t

Operates in the food and beverage industry in Indonesia.

Yupi Indo Jelly Gum

Market Cap: Rp15.3t

Manufactures and sells gummy candies worldwide.

Palma Serasih

Market Cap: Rp4.1t

Through its subsidiaries, engages in the palm oil plantation and processing business in Indonesia.

Delta Djakarta

Market Cap: Rp1.6t

Engages in the beverage business in Indonesia.

Central Proteina Prima

Market Cap: Rp4.3t

Operates as an integrated aquaculture shrimp and foods producer company in Indonesia and internationally.

Perusahaan Perkebunan London Sumatra Indonesia

Market Cap: Rp9.2t

Engages in the plantation business in Indonesia and internationally.

Triputra Agro Persada

Market Cap: Rp33.3t

Engages in the oil palm plantations and palm oil processing businesses in Indonesia.

Indonesian Tobacco

Market Cap: Rp512.7b

Manufactures and sells cigarettes and tobacco products in Indonesia.

Nippon Indosari Corpindo

Market Cap: Rp4.5t

Engages in the bakery and cakes business in Indonesia.

Cisadane Sawit Raya

Market Cap: Rp1.7t

Engages in the oil palm plantation business in Indonesia and internationally.

Indofood Sukses Makmur

Market Cap: Rp67.2t

Operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, and internationally.