PT Akasha Wira International Tbk Reports Earnings Results for the First Quarter Ended March 31, 2023

PT Akasha Wira International Tbk is an Indonesia-based company that is engaged in the business of beverage-water, beauty care, and food and beverage. The Company produces and distributes bottled water products under the Nestle Pure Life brand in bottles of 330 milliliter (ml), 600 ml and 1500 ml and Vica with bottles of 600 ml and Gallon 19 Liters. The Company also produces soy milk under the Pureal brand as well as food and beverages under the Mujigae brand, which is a third-party brand licensed to the Company to produce banana flavored milk drinks, as well as Korean fast-food dishes such as Topokki, which is a type of Korean snack made from rice flour, and Jajangmyeon, which is a type of Korean noodle. Its Pureal branded products are available in two flavors: Dark Belgium Chocolate and Matcha from Japan. It distributes Wonhae products, which is a Korean brand from Indonesia that provides various types of Korean food, ranging from snacks, confectionery, instant foods and Korean milk.