PT Multi Bintang Indonesia Tbk Reports Earnings Results for the First Quarter Ended March 31, 2023

PT Multi Bintang Indonesia Tbk is an Indonesia-based beverage company. The Company operates in the beer and other beverage industries. It is engaged in business activities, including the production of beer and other beverages and other relevant products; marketing of products in local and international markets; and the import of promotional materials relevant to the products. Its brands include Heineken, Bintang Pilsner, Bintang Crystal, Bintang Radler Lemon, Bintang 0.0% Original, Bintang 0.0% Lemon and Bintang 0.0% Blackcurrant, and Green Sands. Bintang 0.0% Original and Bintang 0.0% Lemon and Bintang 0.0% Blackcurrant are zero alcohol beverages. Green Sands is a carbonated soft drink. Its products are distributed and marketed by the Company’s subsidiary, PT Multi Bintang Indonesia Niaga. The Company operates breweries in Tangerang, Banten and Sampangagung, Mojokerto, East Java, as well as a non-alcoholic beverages factory in Sampangagung.