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Unity Foods

From Wikipedia, the free encyclopedia
Pakistani food company
Not to be confused with the Minneapolis retail market store Unity Foods.
Unity Foods
Company typePublic
PSXUNITY
KSE 100 component
ISIN PK0068801015
IndustryFast-moving consumer goods
Founded1991; 34 years ago (1991)
HeadquartersUnity Tower, P.E.C.H.S, Karachi
Area served
Pakistan
Key people
Muhammad Farrukh Amin (CEO)[1]
ProductsSunridge, Dastak, Ehtimam, Lagan, Zauqeen, Unity Oil
RevenueIncrease Rs. 100.870 billion (US350ドル million) (2023)
Decrease Rs. 3.878 billion (US13ドル million) (2023)
Decrease Rs. 675.091 million (US2ドル.3 million) (2023)
Total assets Increase Rs. 77.549 billion (US270ドル million) (2023)
Total equity Increase Rs. 21.307 billion (US74ドル million) (2023)
Number of employees
577 (2023)
Parent Wilmar International
Websiteunityfoods.pk
Footnotes / references
Financials as of 30 June 2023[update] [2]

Unity Foods Limited, formerly known as Taha Spinning Mills, is a Pakistani food company headquartered in Karachi.[3] It is a subsidiary of Singaporean multinational company, Wilmar International.[4]

Unity Foods produces staples (flour, rice, lentils, pulses), industrial fats and various feed ingredients for poultry and livestock sector.[5]

History

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Unity Foods was founded as Taha Spinning Mills in 1991.[6]

In 2018, Unity Foods changed its business from textile to the production of edible oil and refining.[6] [7]

Brands

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Subsidiaries

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References

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  1. ^ "UFL dedicated to addressing issue of food insecurity, malnutrition". The Nation. 27 June 2023. Retrieved 8 July 2023.
  2. ^ "Unity Foods Annual Report 2023" . Retrieved 1 August 2024.
  3. ^ "UNITY - Stock quote for Unity Foods Limited". Pakistan Stock Exchange (PSX). Retrieved 8 July 2023.
  4. ^ Research, B. R. (24 January 2024). "Unity Foods Limited". Brecorder.
  5. ^ "Unity Foods Limited". Business Recorder . 21 March 2023. Retrieved 8 July 2023.
  6. ^ a b c Report, Profit (9 March 2020). "Unity Foods: the former textile company that made a killing in edible oils". Profit by Pakistan Today.
  7. ^ "Unity Foods Ltd". www.wsj.com. Wall Street Journal. Retrieved 8 July 2023.
  8. ^ a b Report, Profit (11 July 2020). "Growing pains: Unity Foods raises equity to finance working capital needs". Profit by Pakistan Today.
  9. ^ "Unity Foods to invest nearly Rs5bn in Sunridge Foods subsidiary". Brecorder. 27 March 2023.
[edit ]
Pakistan KSE 100 companies of Pakistan
As of October 2024
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