National Foods : Transmission of Quarterly Report for the Period Ended December 31,2022
February 28, 2023 at 02:35 am EST
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National Foods Limited
12/CL-6, Claremont Road Civil Lines, Karachi.
+92 21 38402022
www.nfoods.com
National Foods Limited
Half Yearly Report 2023
We Enrich
Lives & Lifestyles
National Foods Limited
Half Yearly Report 2023
Contents
About The Company
Financial Report
Our Story
05
Unconsolidated Condensed Interim
22
Vision & Mission
07
Financial Statements
Core Values
08
Consolidated Condensed Interim
40
Financial Statements
Stakeholders Information
Company Information
12
Corporate Governance
Directors' Report
16
Auditors' Review Report
18
Half Yearly Report 2023 | 01
About the Company
Our Story
National Foods continues to spread happiness by offering authentic flavors, and re-uniting people with t h e i r l o n g s t a n d i n g Pakistani heritage.
250
Products
12
Categories
HACCP
Certified
We began our journey in 1970 as a spices company with a product that brought the idea of clean and healthy foods to life. Since then, we resolved to make hygienic food, reduce time spent in the kitchens, and foster good health. And on a daily basis, we strive to elevate our communities and create a better lifestyle for those around us.
Since inception in 1970, National Foods has evolved into a leading multi-category food company that produces 250 different products across 13 categories. We hold ISO 9001, ISO 45001, ISO 22000 and HACCP certifications along with SAP Business Technologies to ensure that our customers receive the highest quality products. With a strong commitment to quality and operational excellence, we are integrating our systems with SAP S/4HANA, the latest ERP business suite for large conglomerates.
We constantly Inspire New Traditions and have already successfully expanded our global footprint across 40 countries in 5 continents. At National Foods, we're creating food that enriches the lives of people everywhere.
Half Yearly Report 2023 | 05
Vision & Mission
Vision
Creating food that enriches the lives of people everywhere.
Mission
We will achieve our vision by designing and manufacturing food and related products, conforming to international standards and guidelines for nutrition, health, wellness and quality, bringing joy and happiness to people everywhere.
Half Yearly Report 2023 | 07
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National Foods Ltd. published this content on 28 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 February 2023 07:34:08 UTC.
National Foods Limited is a Pakistan-based multi category foods company. The Company is principally engaged in the manufacture and sale of food products. The Company offers approximately 250 products in over 13 categories. The Company offers made easy, recipe mixes, ingredients, salt, ketchups, pickles, mayonnaise, desserts, chutneys, sauces & pastes, seasonings. It also offers desserts, which comprises of traditional dishes like kheer and vermicelli along with more contemporary variants like jelly and custards. In addition, the Company offers a range of approximately 50 recipes, such as biryanis, curries, barbeque items and kababs. It offers a range of savory snack mixes and seasonings, such as chat masala, dahi bara and pakora, and masala snax, including chilli chips, barrek sev, Karachi mix and moong dal. The Company's subsidiaries include National Foods DMCC, National Foods Pakistan (UK) Limited and National Epicure Inc.