Unity Foods
Unity Foods Limited (Urdu: یونٹی فوڈز), formerly known as Taha Spinning Mills, is a Pakistani food company headquartered in Karachi.[2] It is a subsidiary of Singaporean multinational company, Wilmar International.[3]
| 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. 87.7 billion (US$300 million) (2022) |
Number of employees | 556 (2022) |
| Parent | Wilmar International |
| Website | unityfoods |
History
Unity Foods was founded as Taha Spinning Mills in 1991.[4]
In 2018, the company changed its business from textile to the production of edible oil and refining.[4] [5] Unity Foods produces staples (flour, rice, lentils, pulses), industrial fats and various feed ingredients for poultry and livestock sector.[6]
References
- "UFL dedicated to addressing issue of food insecurity, malnutrition". The Nation. 27 June 2023. Retrieved 8 July 2023.
- "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.
- 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.
- 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.
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