National Foods Limited (نیشنل فوڈز لمیٹڈ) is a Pakistani multinational food products company founded in 1970, which started out as a spice company, and is based in Karachi, Pakistan.[2][3] It is a major food products company in Pakistan.[4]
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| Company type | Public |
|---|---|
| PSX: NATF | |
| Industry | Packaged food products Spices |
| Founded | 1970 in Karachi, Pakistan |
Area served | Pakistan, United States, Canada, Middle East and Asia, Europe/United Kingdom and Africa |
Key people | |
| Revenue |  Rs. 29.60 billion (US$100 million)[1] (2023) |
| Rs. 2.70 billion (US$9.4 million)[1] (2023) | |
| Rs. 2.18 billion (US$7.6 million)[1] (2023) | |
| Total assets | Rs. 25.15 billion (US$87 million)[1] (2023) |
Number of employees | 808[1] (2023) |
| Website | www |
History edit
The company was incorporated in Pakistan on 19 February 1970 as a private limited company under the Indian Companies Act, 1913 and subsequently converted into a public limited company under the Companies Ordinance, 1984 by a special resolution passed in the extraordinary general meeting held on March 30, 1988. The company is principally engaged in the manufacture and sale of convenience-based food products. The registered office of the company is situated at 12 / CL - 6, Claremont Road, Civil Lines, Karachi.[5][6]
In 1988, National Foods became the certified vendor of McCormick, United States. In the same year, National Foods, then a Private Limited company was converted into a Public Limited company, traded on all the three stock exchanges of Pakistan. On 11 January 2016, all three former city stock exchanges in Pakistan merged to form Pakistan Stock Exchange.[5]
In 2013, as a company National Foods Limited (Pakistan) was listed on the Forbes List of Asia's 200 Best Under A Billion (2013).[4]
In 2017, National Foods Limited acquired a controlling interest in Canadian company A1 Cash & Carry to further expand its operations across the globe. A1 Cash & Carry is a wholesale distributor of foodservice products, disposables, and sanitation/janitorial products in Canada. This company is partially owned by a Canadian-based Pakistani businessman Amjad Pervaiz.
With a range of over 250 food products in over 10 major categories, National Foods is one of the prominent food companies in Pakistan.[5]
Subsidiaries edit
Products edit
Factories edit
The company operates factories in the following cities:
See also edit
References edit
- ^ a b c d e "National Foods Annual Report 2023" (PDF). nfoods.com. Retrieved 6 December 2023.
- ^ Hussain, Dilawar (11 November 2001). "National Foods: CORPORATE PROFILE". DAWN.COM.
- ^ Andrew, Marylou (9 June 2015). "Spicing it up – Exploring Pakistan's spice industry". Aurora Magazine.
- ^ a b c National Foods Limited (Pakistan) listed on the Forbes Asia's 200 Best Under A Billion company Retrieved 22 December 2020
- ^ a b c d e Business Summary of National Foods Limited on MarketScreener.com website Retrieved 22 December 2020
- ^ Financial Statement of National Foods Limited (Pakistan) on financials.morningstar.com website Retrieved 22 December 2020
- ^ a b c Jamal, Nasir (21 December 2015). "Chasing a vision in changing business environment". DAWN.COM.
- ^ a b c "Contact Us | National Foods". nfoods.com.
- ^ Reporter, The Newspaper's Staff (22 June 2022). "National Foods to set up fifth plant in Faisalabad". DAWN.COM.
External links edit
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