Tuesday, February 6, 2018

AgriNurture, Inc. (ANI)

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For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
AgriNurture, Inc. (ANI)
Sector
Industrial
Incorporation Date
Feb 04, 1997
Subsector
Food, Beverage & Tobacco
Number of employees
 153 (Group Total)
Board of Directors
Chairman: Antonio L. Tiu
Website / E-mail
http://www.ani.com.ph /  lisette.arboleda@ani.com.ph
2. Stock Information
Total Assets
2,343,322,931
Market Capitalization
8,269,884,394.68
Total Liabilities
1,454,612,217
Outstanding Shares
668,003,586
Retained Earnings
-2,248,172,242
Listed Shares
329,500,087
Listing Date
May 25, 2009
Issued Shares
668,003,586
Board Lot
100
Free Float Level (%)
22.61%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
PCD NOMINEE CORP (FILIPINO)
PCD NOMINEE CORP (NON-FILIPINO)
GREENERGY HOLDINGS INC.
47.05%
29.93%
13.20%
4. Company Descriptions and Business Development
Notes
1.  Earthright Holdings, Inc (chaired by Antonio L. Tiu) has 14.91% under the PCD NOMINEE CORP (FILIPINO).
2. GreenEnergy Holdings, Inc. (GREEN, chaired by Antonio L. Tiu) is a listed company but trading is under suspension.
Overview
It started business as a post-harvest agricultural machinery company such as grain dryers and rice mill equipments trading. ANI eventually diversified into other various agro-commercial businesses, specifically focusing on the export trading of fresh Philippine Carabao Mangoes as its main revenue stream. ANI ventured into the importation and trading of rice in the first quarter of 2015. Other than mango, it also exports banana and coconut water. Through several subsidiaries, it distributes fruits and vegetables to households and supermarkets under the brand name of “Fresh Choice Always (FCA)”.


Business
Revenue contribution in 2016
Export
Local Distribution
Retail & Franchising
Hong Kong/China operation
67,672,390
251,955,527
74,531,899
176,683,432
11.85%
44.14%
13.06%
30.95%

Subsidiaries / Associates / Affiliates / Joint Ventures
Fruitilicious, Inc owns and operates a food processing and blast freezing facility which produce frozen and dried fruit products and by-products.
M2000 IMEX Company, Inc. (IMEX) is engaged in the manufacturing and processing of its own brand of canned fruit products such as coconut juice. Its products are principally for export to North America (30%), the Middle East (30%), Asia (25%), Europe (10%) and local (5%). It has partnered with Tolman Manufacturing, Inc (TMI) for coconut water business.
First Class Agriculture Corporation supplies fruits and vegetables FCA to the supermarket chains in Luzon daily.
Farmville Farming Co., Inc (Farmville) is in charge of sourcing fruits and vegetables.
The Big Chill, Inc. is engaged in “farm-to-plate” concept retail business. It has over 50 outlets under various brands such as Big Chill, Fresh Bar, super Fresh, C, Verde, Tully’s Coffe.
Agrinurture International Ltd (HK) has two fruit juice retail stores.
ANI Agrinurture Europe S.L. is engaged in fruit trading in Europe.

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