National Foods establishes subsidiary in USA

News Image

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 163,806.22
500.44M
-0.39%
-638.50
ALLSHR 99,845.79
1,977.49M
-0.42%
-417.42
KSE30 50,123.85
153.24M
-0.68%
-343.31
KMI30 238,530.50
71.49M
-0.36%
-850.63
KMIALLSHR 65,898.10
543.80M
-0.37%
-245.35
BKTi 46,380.96
92.15M
-0.49%
-229.01
OGTi 31,857.40
12.33M
-1.20%
-387.93
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,220.00 109,470.00
103,745.00
-1225.00
-1.13%
BRENT CRUDE 61.34 61.47
60.14
0.28
0.46%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-1.00
-1.23%
ROTTERDAM COAL MONTHLY 93.20 93.50
93.20
0.05
0.05%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 57.25 57.32
56.15
0.26
0.46%
SUGAR #11 WORLD 15.53 15.88
15.45
-0.27
-1.71%

Chart of the Day


Latest News
October 17, 2025 at 05:29 PM GMT+05:00

MLCF profit doubles in Q3FY25


October 17, 2025 at 05:04 PM GMT+05:00

PSX Closing Bell: A Hazy Shade of Red


October 17, 2025 at 04:53 PM GMT+05:00

Big industry output expands over 4% in Jul-Aug FY26


October 17, 2025 at 04:45 PM GMT+05:00

Govt to spend Rs30bn to upgrade industrial estates



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg