Unity Foods Limited (Urdu: یونٹی فوڈز), 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]
| Company type | Public |
|---|---|
| PSX: UNITY | |
| ISIN | PK0068801015 |
| Industry | Fast-moving consumer goods |
| Founded | 1991 |
| Headquarters | Unity Tower, P.E.C.H.S, Karachi |
Area served | Pakistan |
Key people | Muhammad Farrukh Amin (CEO)[1] |
| Products | Sunridge, Dastak, Ehtimam, Lagan, Zauqeen, Unity Oil |
| Revenue |  Rs. 100.870 billion (US$350 million) (2023) |
 Rs. 3.878 billion (US$13 million) (2023) | |
| Rs. 675.091 million (US$2.3 million) (2023) | |
| Total assets | Rs. 77.549 billion (US$270 million) (2023) |
| Total equity | Rs. 21.307 billion (US$74 million) (2023) |
Number of employees | 577 (2023) |
| Parent | Wilmar International |
| Website | unityfoods |
| Footnotes / references Financials as of 30 June 2023[update] [2] | |
History
editUnity Foods was founded as Taha Spinning Mills in 1991.[5]
In 2018, the company changed its business from textile to the production of edible oil and refining.[5] [6] Unity Foods produces staples (flour, rice, lentils, pulses), industrial fats and various feed ingredients for poultry and livestock sector.[7]
Brands
editSubsidaries
editReferences
edit- ^ "UFL dedicated to addressing issue of food insecurity, malnutrition". The Nation. 27 June 2023. Retrieved 8 July 2023.
- ^ "Unity Foods Annual Report 2023". Retrieved 1 August 2024.
- ^ "UNITY - Stock quote for Unity Foods Limited". Pakistan Stock Exchange (PSX). Retrieved 8 July 2023.
- ^ Research, B. R. (24 January 2024). "Unity Foods Limited". Brecorder.
- ^ 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.
- ^ "Unity Foods Ltd". www.wsj.com. Wall Street Journal. Retrieved 8 July 2023.
- ^ "Unity Foods Limited". Business Recorder. 21 March 2023. Retrieved 8 July 2023.
- ^ a b Report, Profit (11 July 2020). "Growing pains: Unity Foods raises equity to finance working capital needs". Profit by Pakistan Today.
- ^ Desk, BR Web (27 March 2023). "Unity Foods to invest nearly Rs5bn in Sunridge Foods subsidiary". Brecorder.
External links
edit
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