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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Disclaimer

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.