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Unity Foods

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Pakistani food company

Not to be confused with the Minneapolis retail market store Unity Foods.
Unity Foods
Company typePublic
Traded asPSX: UNITY
KSE 100 component
ISINPK0068801015
IndustryFast-moving consumer goods
Founded1991; 34 years ago (1991)
HeadquartersUnity Tower, P.E.C.H.S, Karachi
Area servedPakistan
Key peopleMuhammad Farrukh Amin (CEO)
ProductsSunridge, Dastak, Ehtimam, Lagan, Zauqeen, Unity Oil
RevenueIncrease Rs. 100.870 billion (US$350 million) (2023)
Operating incomeDecrease Rs. 3.878 billion (US$13 million) (2023)
Net incomeDecrease Rs. 675.091 million (US$2.3 million) (2023)
Total assetsIncrease Rs. 77.549 billion (US$270 million) (2023)
Total equityIncrease Rs. 21.307 billion (US$74 million) (2023)
Number of employees577 (2023)
ParentWilmar International
Websiteunityfoods.pk
Footnotes / references
Financials as of 30 June 2023

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

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

History

Unity Foods was founded as Taha Spinning Mills in 1991.

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

Brands

  • Zauqeen
  • Ehtemaam

Subsidiaries

  • Sunridge Foods

References

  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. ^ 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. ^ 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.

External links

Pakistan Companies of the KSE 100 Index
As of October 2024
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