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's activity report 2022

JBC Europe OÜ is a subsidiary, which was established on 27.11.2018 and its location and main place of business is in the Republic of Estonia at Lao 18,

Maardu 74114.

The parent company of the company is JB Foods Limited, which is registered in Singapore and listed on the main list of the Singapore Stock Exchange.

The main areas of activity of the company are trade and warehousing. The company bought land and a warehouse in Maardu, which is currently being rented out to a logistics company. The main customer segment of JBC Europe OÜ is located in Europe and Russia. In 2022, the company started selling cocoa products.

In 2022, the company employed 2 employees. The company's labor cost for the fiscal year was 115,418 euros.

In 2023, it is planned to continue in the same business areas.

2022 2021

Operating profit margin: Operating profit / Sales revenue 0.04 0.35

Net profit margin: Net profit / Sales revenue 0.003 0.03

Short-term obligation coverage ratio: Current assets / Short-term liabilities 1.18 2.31