National Foods establishes subsidiary in USA

By MG News | January 10, 2022 at 12:02 PM GMT+05:00

0:00

January 10, 2022 (MLN): National Foods Limited (NATF)'s wholly-owned subsidiary, National Foods DMCC based in Dubai has established a subsidiary namely National Epicure USA Inc., in the USA, the company informed through a notice to exchange on Monday.

As a part of a strategy on international business, National Foods DMCC has set up the aforementioned subsidiary through its further subsidiary i.e., National Epicure Inc., in Canada.

On the financial front, the company had earned a net profit of Rs785mn in 1QFY22, up by 32% YoY from Rs595mn recorded in the corresponding period last fiscal year.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	127,512.93 260.56M	1.50% 1885.62
ALLSHR	79,419.26 761.13M	1.06% 834.55
KSE30	38,820.29 87.85M	1.75% 666.51
KMI30	186,301.73 105.08M	0.77% 1415.23
KMIALLSHR	54,071.15 419.63M	0.57% 307.35
BKTi	32,821.96 40.54M	2.82% 900.28
OGTi	27,863.00 6.20M	0.32% 89.02

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,405.00	108,105.00 107,040.00	-830.00 -0.77%
BRENT CRUDE	66.88	66.97 66.34	0.14 0.21%
RICHARDS BAY COAL MONTHLY	97.00	0.00 0.00	0.20 0.21%
ROTTERDAM COAL MONTHLY	103.80	103.80 103.80	-3.45 -3.22%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	65.23	65.32 64.67	0.12 0.18%
SUGAR #11 WORLD	16.09	16.21 16.08	-0.11 -0.68%