Appointment of Chief Executive Officer of Unity Foods Limited

Karachi, Unity Foods Limited informed Pakistan Stock Exchange that the election of directors of the company held on April 01, 2022, the board of Directors of the company has re-appointed Mr. Muhammad Farrukh as the Chief Executive Officer of the Company for the term of the Board.

Unity Foods Limited was incorporated in Pakistan in 1991 as a Private Limited Company and subsequently converted into a Public Limited Company on June 16, 1991. The principal business activity of the Company has been changed from yarn manufacturing to edible oil extraction, refining and related businesses.

The total numbers of shares are 994,050,000. The earnings per share is 0.39 in 2020 which was 1.03 in 2019. The profit after Taxation is 209,629,000 in 2020 which was 255,075,000 in 2019.