United Brands discontinues Unilever products from its portfolio, Rs58 mln monthly loss expected

MG News | April 11, 2019 at 10:38 AM GMT+05:00

0:00

April 11, 2019 (MLN): United Brands Limited, which is involved in the distribution of consumer products, has decided to discontinue the following businesses from its portfolio, as per a notification issued to Pakistan Stock Exchange (PSX) on Thursday.

Mars
Wrigley’s
Haleeb Foods
Unilever
Heinz
IFFCO

The company also informed that the discontinuation of these businesses shall result in loss of revenue by approximately Rs. 58 million every month.

Copyright Mettis Link News

Related News

Tri-Star Power swings to profit in 1QFY26

Saritow Spinning Mills to permanently close spinning operations

Bank of Punjab posts 37% profit surge in 9MCY25

Name	Price/Vol	%Chg/NChg
KSE100	161,631.73 408.94M	3.13% 4898.86
ALLSHR	98,254.73 951.34M	2.71% 2590.07
KSE30	49,377.29 213.50M	3.40% 1624.91
KMI30	232,700.28 121.13M	2.88% 6525.03
KMIALLSHR	64,179.60 399.93M	2.39% 1496.52
BKTi	46,334.17 105.09M	5.56% 2441.42
OGTi	31,362.73 10.58M	1.56% 482.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,880.00	111,630.00 107,835.00	2925.00 2.73%
BRENT CRUDE	64.58	65.15 63.81	0.21 0.33%
RICHARDS BAY COAL MONTHLY	86.00	86.00 86.00	-1.90 -2.16%
ROTTERDAM COAL MONTHLY	96.50	99.00 96.50	-2.70 -2.72%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.88	61.38 59.99	0.31 0.51%
SUGAR #11 WORLD	14.42	14.49 14.20	0.14 0.98%