Unity Foods
Unity Foods Limited, formerly known as Taha Spinning Mills, is a Pakistani food company headquartered in Karachi. It is partially-owned (49%) by Singaporean multinational company, Wilmar International. Unity Foods produces staples (flour, rice, lentils, pulses), industrial fats and various feed ingredients for poultry and livestock sector.
| Company type | Public |
|---|---|
| PSX: UNITY KSE 100 component | |
| 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$360 million) (2023) |
 Rs. 3.878 billion (US$14 million) (2023) | |
| Rs. 675.091 million (US$2.4 million) (2023) | |
| Total assets | Rs. 77.549 billion (US$280 million) (2023) |
| Total equity | Rs. 21.307 billion (US$76 million) (2023) |
| Owner | Wilmar Pakistan Holdings (34.84%) Unity Wilmar Agro (14.08%) |
Number of employees | 577 (2023) |
| Website | unityfoods.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 partially-owned (49%) by 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
[edit]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
[edit]Subsidiaries
[edit]References
[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.
- ^ "Unity Foods Limited". Business Recorder. 21 March 2023. Retrieved 8 July 2023.
- ^ 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.
- ^ a b Report, Profit (11 July 2020). "Growing pains: Unity Foods raises equity to finance working capital needs". Profit by Pakistan Today.
- ^ "Unity Foods to invest nearly Rs5bn in Sunridge Foods subsidiary". Brecorder. 27 March 2023.
External links
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