PT Morenzo Abadi Perkasa Tbk Stock

PT Morenzo Abadi Perkasa Tbk is an Indonesia-based processor and exporter of frozen and canned seafood. The Company’s main business activity is processing and preserving fish and other marine biota, except shrimp. Processing and preservation are carried out through a canning process to produce canned seafood products, such as sardines in cans, clams in cans, lemuru in cans, mackerel in cans, cephalopods (squid/octopus/cuttlefish) in cans, tuna in cans, and crabs in cans. The Company produces and markets processed marine products, which are divided into two categories: Blue Swimming Crab and Frozen Products. Its Blue Swimming Crab is processed into three types of packaging, such as canned, cup and pouch. Its Frozen Products include marine products which are in the form of raw products which are frozen and packaged. The Company is also engaged in the wholesale trading industry of processed fishery products. The Company also carries out supporting business activities.