Unity Foods Explained

Unity Foods
Type:	Public
Traded As:	KSE 100 component
Industry:	Fast-moving consumer goods
Area Served:	Pakistan
Key People:	Muhammad Farrukh Amin (CEO)^[1]
Products:	Sunridge, Dastak, Ehtimam, Lagan, Zauqeen, Unity Oil
Revenue Year:	2023
Income Year:	2023
Net Income Year:	2023
Assets Year:	2023
Equity Year:	2023
Num Employees:	577
Num Employees Year:	2023
Location:	Unity Tower, P.E.C.H.S, Karachi
Parent:	Wilmar International
Footnotes:	Financials ^[2]

Unity Foods Limited (ur|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]

Unity Foods produces staples (flour, rice, lentils, pulses), industrial fats and various feed ingredients for poultry and livestock sector.^[5]

History

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

• Zauqeen^[8]
• Ehtemaam^[8]

Subsidiaries

• Sunridge Foods^{[6] [9]}

Notes and References

1. News: UFL dedicated to addressing issue of food insecurity, malnutrition . 8 July 2023 . The Nation . 27 June 2023 . en.
2. Web site: Unity Foods Annual Report 2023. 1 August 2024.
3. News: UNITY - Stock quote for Unity Foods Limited . 8 July 2023 . Pakistan Stock Exchange (PSX).
4. Web site: Unity Foods Limited. B. R.. Research. 24 January 2024. Brecorder.
5. News: Unity Foods Limited . 8 July 2023 . . 21 March 2023 . en.
6. Web site: Unity Foods: the former textile company that made a killing in edible oils. Profit. Report. 9 March 2020. Profit by Pakistan Today.
7. Web site: Unity Foods Ltd. . www.wsj.com . Wall Street Journal . 8 July 2023 . en.
8. Web site: Growing pains: Unity Foods raises equity to finance working capital needs. Profit. Report. 11 July 2020. Profit by Pakistan Today.
9. Web site: Unity Foods to invest nearly Rs5bn in Sunridge Foods subsidiary . 27 March 2023. Brecorder.