JB Foods

While it does not have any physical assets in Russia and Ukraine, both countries accounted for about 17% of its 2021 revenue.

The Ng family, better known for owning privately-held property giant Far East Organization, are known to invest in other listcos.

The property was purchased in 2014 by JB Foods with the intention to develop it into a factory building.

The company plans to pay a final dividend of 1.5 cents, which is on top of 0.5 cents already paid earlier.

Companies in the Billion Dollar Club and Centurion Club awards have turned adversity into opportunities in an unprecedented year.

JB Foods, the Malaysia-based cocoa company, has been named a Centurion winner in the food & beverages sector.

As at Dec 31, 2019, JB Foods’ net asset value was 46.61 US cents, up from 40.26 US cents a year ago.

SINGAPORE (Aug 13): Cocoa ingredients producer JB Foods has posted a 2.2% decline in earnings to US$8.4 million ($11.6 million) or 2.8 US cents per share for the 2Q19 ended June, from US$8.6 million a year ago.

SINGAPORE (Oct 15): JB Foods is a cocoa-processing company, which listed in July 2012, with operations in Malaysia and Indonesia.

SINGAPORE (Aug 7): JB Foods, one of the major cocoa ingredient producers in Malaysia, reported 2Q earnings surged more than fourfold to US$8.6 million ($11.7 million) from a year ago, bringing 1H earnings to nearly US$13 million.