Corporate Profile

JB Foods Limited (“JB Foods” or the “Group”) started as a processor of wet cocoa beans to dry cocoa beans in the 1980s. Today, it has grown to be one of the major cocoa ingredient producers in the region, with a total processing capacity of 180,000 metric tonnes of cocoa beans equivalent per year. The Group’s principal activities comprise the production and sale of cocoa ingredient products, namely cocoa butter, cocoa powder and cocoa mass, under brand name JB Cocoa.

JB Foods has been listed on the Mainboard of the Singapore Exchange Securities Trading Limited since 2012.

We have incorporated our subsidiaries and set up our offices, in the United States of America, Indonesia and People’s Republic of China. In 2018, we incorporated our subsidiaries in Switzerland and The Republic of Estonia.

PRINCIPAL BUSINESS

JB Foods Limited’s core business is in the production and sale of cocoa ingredient products, namely cocoa butter, cocoa powder and cocoa mass.

Over the years, through its strong focus on product quality and development, the Group has honed its capability to develop and customise cocoa ingredient products to meet the varying and exacting requirements of globally diversified
customers.

Complying with the highest standards of food safety, the Group ensures that its quality products consistently meet or exceed its customers’ expectations. With its technical know-how, product expertise and proprietary blending methods,
the Group has gained widespread recognition from its global customers.

The Group’s products are sold primarily under the “JB COCOA” brand name to a worldwide customer base ranging from international trade houses to end users such as food and beverage and confectionery manufacturers.

PRODUCTION FACILITIES

Malaysia
The Group’s cocoa processing facility is located in the Port of Tanjung Pelepas, a strategic logistics hub within a free trade zone in Johor, Malaysia. This has enabled the Group to significantly reduce land logistics costs, as well as delivery time, while closely monitoring the shipment of its containers.

Indonesia
In 2014, the Group exercised its call option to acquire an 80% equity interest in PT Jebe Koko, a cocoa bean processing facility. This facility is located in the Maspion Industrial Estate in Gresik, Indonesia, approximately 30 km from the Surabaya port, and focuses on processing raw cocoa beans sourced domestically in Indonesia. Our Indonesian facility not only provides the Group with a competitive processing cost structure but also allows the Group to save on Indonesian export tax on raw cocoa bean. The acquisition was completed in 2015.

MALAYSIA

0

COCOA BEANS EQUIVALENT
PER YEAR

INDONESIA

0

COCOA BEANS EQUIVALENT
PER YEAR