Company Matco Foods Limited

Equities

MFL

PK0103601016

Food Processing

End-of-day quote Pakistan S.E. 18:00:00 2024-05-13 EDT 5-day change 1st Jan Change
27.26 PKR -0.69% Intraday chart for Matco Foods Limited +4.17% -26.32%

Business Summary

Matco Foods Limited is a Pakistan-based agricultural-processor and food products company. The Company provides packaged goods and ingredients to the pharmaceuticals and confectionery industries. The Company’s products include predominantly basmati rice, rice glucose, rice protein, rice maltodextrin, Himalayan pink salt, and other gourmet salts, spices, dessert mixes among other. The Company has a portfolio of more than 150 corporate customers. Its flagship brand, Falak, offers rice, condiments and spices, and is available in more than 65 countries worldwide. The Company also exports private-label brands to over 65 countries across the globe. The Company operates two rice syrup plants, and five rice processing and milling plants, which include vertically integrated paddy drying, storage, husking, and processing facilities in Sadhoke, Punjab, and Karachi, Sindh.

Number of employees: 969

Sales per Business

PKR in Million2022Weight2023Weight Delta
Rice
72.4 %
11,317 91.3 % 14,497 72.4 % +28.10%
By-products
24.2 %
2,448 19.7 % 4,848 24.2 % +98.05%
Corn Starch
9.4 %
- - 1,872 9.4 % -
Freight
-2.9 %
-1,147 -9.3 % -578 -2.9 % -49.60%
Sales Tax
-2.2 %
-50 -0.4 % -432 -2.2 % +768.17%
Sales Discount / Return
-0.6 %
-79 -0.6 % -115 -0.6 % +45.26%
Clearing and Forwarding
-0.4 %
-89 -0.7 % -82 -0.4 % -8.16%

Sales per region

PKR in Million2022Weight2023Weight Delta
Pakistan
40.7 %
3,265 23.7 % 8,645 40.7 % +164.81%
Europe
21.7 %
3,489 25.3 % 4,601 21.7 % +31.90%
Asia
17.8 %
3,036 22.1 % 3,782 17.8 % +24.55%
Australia & New Zealand
9.4 %
1,941 14.1 % 1,994 9.4 % +2.71%
United States & Canada
5.8 %
1,219 8.9 % 1,220 5.8 % +0.10%
Africa
4.6 %
815 5.9 % 974 4.6 % +19.51%

Managers

Managers TitleAgeSince
Chief Executive Officer - -
Director of Finance/CFO - 19-02-28
Chief Administrative Officer - 16-02-29
Director/Board Member - 16-12-31
Director/Board Member - 05-12-31
Corporate Secretary - 22-06-30
Comptroller/Controller/Auditor - 22-10-26

Members of the board

Members of the board TitleAgeSince
Director/Board Member - -
Director/Board Member - 18-03-25
Chairman - -
Chief Executive Officer - -
Director/Board Member - 05-12-31
Director/Board Member - 18-09-30
Director/Board Member - 18-09-30
Director/Board Member - 16-12-31
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 122,400,698 26,352,978 ( 21.53 %) 0 21.53 %

Shareholders

NameEquities%Valuation
Atlas Asset Management Ltd.
1.660 %
2,031,500 1.660 % 193 927 ₨
UBL Fund Managers Ltd.
0.7222 %
884,000 0.7222 % 84 387 ₨
National Investment Trust Ltd.
0.1304 %
159,663 0.1304 % 15 241 ₨

Company contact information

Matco Foods Ltd.

Super Highway Industrial Area B-1/A, SITE, Phase 1

75340, Karachi

+

http://www.matcofoods.com
address Matco Foods Limited(MFL)
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