Indonesian Food, Beverage & Tobacco Strong Balance Sheet Stocks

PINAGO UTAMA

Market Cap: Rp1.4t

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

Nippon Indosari Corpindo

Market Cap: Rp4.8t

Engages in the bakery and cakes business in Indonesia.

Formosa Ingredient Factory

Market Cap: Rp181.5b

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

Wilmar Cahaya Indonesia

Market Cap: Rp1.6t

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

Salim Ivomas Pratama

Market Cap: Rp6.7t

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

Campina Ice Cream Industry

Market Cap: Rp1.1t

Engages in processing and producing ice creams in Indonesia.

Garudafood Putra Putri Jaya

Market Cap: Rp13.7t

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

Siantar Top

Market Cap: Rp14.4t

Manufactures and sells snacks 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.

Cisarua Mountain Dairy

Market Cap: Rp38.7t

Produces and sells dairy and consumer products in Indonesia.

Akasha Wira International

Market Cap: Rp6.1t

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

Agung Menjangan Mas

Market Cap: Rp76.8b

Provides services to support aquaculture and shrimp farming in Indonesia.

Pulau Subur

Market Cap: Rp203.7b

Operates in the fields of plantations, livestock, and fisheries in Indonesia.

Sumber Tani Agung Resources

Market Cap: Rp9.1t

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: Rp17.0t

Produces and sells beverage products in Indonesia.

Charoen Pokphand Indonesia

Market Cap: Rp80.2t

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

Toba Surimi Industries

Market Cap: Rp475.8b

Engages in the seafood processing business in Indonesia.

BISI International

Market Cap: Rp3.0t

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.

Astra Agro Lestari

Market Cap: Rp11.6t

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

Esta Indonesia

Market Cap: Rp1.2t

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

Ultrajaya Milk Industry & Trading

Market Cap: Rp13.8t

Operates in the food and beverage industry in Indonesia.

Diamond Food Indonesia

Market Cap: Rp7.4t

Manufactures and distributes consumer goods in Indonesia and internationally.

Palma Serasih

Market Cap: Rp3.5t

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

Delta Djakarta

Market Cap: Rp1.8t

Engages in the beverages business in Indonesia.

Perusahaan Perkebunan London Sumatra Indonesia

Market Cap: Rp8.4t

Engages in the plantation business in Indonesia and internationally.

Triputra Agro Persada

Market Cap: Rp19.1t

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

Multi Bintang Indonesia

Market Cap: Rp13.2t

Operates as a beverage company in Indonesia and internationally.

Menthobi Karyatama Raya

Market Cap: Rp1.3t

Engages in the cultivation and development of palm oil plantations; and crude palm oil processing activities and related derivative products primarily in Indonesia.

Indofood Sukses Makmur

Market Cap: Rp70.0t

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

HATTEN BALI

Market Cap: Rp677.5b

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

Mayora Indah

Market Cap: Rp50.5t

Engages in the manufacture and sale of food and beverage products in Indonesia, the rest of Asia, and internationally.

Indo Pureco Pratama

Market Cap: Rp64.4b

An agro-industrial company, engages in the production of pure, virgin, and crude coconut oil, as well as copra meal for healthcare, food, pharmaceutical, and cosmetic industries in Indonesia.

Teladan Prima Agro

Market Cap: Rp7.5t

Engages in managing palm oil plantations, mills, and renewable energy businesses in Indonesia.

Sekar Laut

Market Cap: Rp1.2t

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

Sreeya Sewu Indonesia

Market Cap: Rp1.4t

Produces poultry feed in Indonesia.