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Formosa Ingredient Factory Tbk PT
, Kelapa Dua
Phone: +62 2122228975p:+62 2122228975 TANGERANG, 15810  Indonesia Ticker: BOBABOBA
Business Summary
PT Formosa Ingredient Factory Tbk is an Indonesia-based company engaged in the production of tapioca pearl products, jelly topping, jams, brown sugar syrup, and waffle premix powder. The Company produces various products under the Boba King brand. It applies business segments based on the territory where products are sold, namely tapioca pearls, syrup, premium sauces, and jellies, divided into domestic and overseas markets. The products produced under the Boba King brand include tapioca pearls, topping jelly, premium sauce, syrup, premix powder, and BOOMBA! Popping Boba. The Company distributes throughout Indonesia through restaurants, local coffee shops, international chain stores, modern markets, and retail. The Company also focuses on export markets in Asia, including Japan, the Philippines, Hong Kong, Malaysia, Vietnam, and South Korea. The Company's subsidiary, PT Nutri Boga Sukses, is engaged in the trading business.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202412/31/2024Yes----

Industries
SIC Code Description
2087 Flavoring extracts and flavoring syrups, not elsewhere classified
2035 Pickled fruits and vegetables, vegetable sauces and seasonings
2099 Food preparations, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President Commissioner Jen-youTseng 50
President Director, Corporate Secretary YunitaSugiarto Ew 33 7/21/2021
Director Ieyanto YaminGe 62 1/1/2021 1/1/2021
3 additional Officers and Directors records available in full report.

General Information
Number of Employees: 84 (As of 9/30/2024)
Outstanding Shares: 1,155,750,000 (As of 12/31/2024)
Stock Exchange: JAK
Fax Number: +62 2129047378


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