Mitchell's Fruit Farms Limited, commonly known as Mitchell's (Urdu: مِچلز), is a Pakistani food products company headquartered in Lahore. It was established by Francis J Mitchell in 1933.[2] It consists of 720 acres of oasis in Renala Khurd, Okara District, Pakistan.[2]
 | |
| Company type | Public |
|---|---|
| PSX: MFFL | |
| Industry | Food processing |
| Founded | April 25, 1933 |
| Founder | Francis J. Mitchell |
| Headquarters | Lahore, Pakistan |
Key people |
|
| Revenue |  Rs. 2.72 billion (US$9.4 million) (2023) |
 Rs. -25.91 million (US$−90,000) (2023) | |
| Rs. -59.19 million (US$−210,000) (2023) | |
| Total assets | Rs. 1.62 billion (US$5.6 million) (2023) |
| Total equity | Rs. 143.74 million (US$500,000) (2023) |
| Owner | Mehdi Mohsin (20.41%) Jugnu Mohsin (20.42%) Moni Mohsin (20.21%) |
Number of employees | 284 (2023) |
| Website | mitchells |
| Footnotes / references Financials as of 30 June 2023[update] [1] | |
Mitchell's manufactures and packages grocery items including fruit drinks, canned fruits and vegetables, sauces, pickles, jams and squashes.[3]
History
editMitchell's was founded by Francis J. Mitchell in 1933 in British India on a 720-acre plot of land near Renala Khurd, Okara District, which he leased from the Punjab, British India government. This would later become the Mitchell's Fruit Farms. Originally the company was registered at Lahore in April 1933 under the name Indian Mildura Fruit Farms Limited.[2][3]
Then Syed Maratib Ali, maternal grandfather of Jugnu Mohsin and father of industrialists Syed Babar Ali and Syed Wajid Ali bought it from Francis J. Mitchell in 1958.[4] Syed Maratib Ali's son-in-law S.M. Mohsin was handed over complete control of Mitchell's Fruit Farms. He and his son Mehdi Mohsin ran the company until 2020. Jugnu Mohsin and her husband Najam Sethi took over the operational control in 2020 and Abdul Raheem became the chairman of the company.[2]
In 1993, Mitchell's was listed on the Karachi Stock Exchange.[2][5]
Brands
editSome of them are listed below:
See also
edit- List of food companies (see food companies list under Pakistan)
References
edit- ^ "Mitchell's Annual Report 2023" (PDF). mitchells.com.pk. Retrieved 29 November 2023.
- ^ a b c d e Hassan Naqvi, Abdullah Niazi and Farooq Tirmizi (13 September 2020). "Mitchell's: Can a new management save an old company? (company in-depth history and profile)". Pakistan Today. Retrieved 16 December 2020.
- ^ a b Profile of Mitchell's Fruit Farms Limited on Business Recorder, Published 1 August 2012, Retrieved 16 December 2020
- ^ "Najam Sethi's turnaround of Mitchell's off to slow, but promising start". Profit by Pakistan Today. 6 February 2021.
- ^ a b c d e Mitchell's business summary and stock quote on MarketScreener.com website Retrieved 16 December 2020
- ^ Stiff competition among thirst-quenching drinks Dawn , Updated 4 July 2016, Retrieved 16 December 2020
External links
edit- Mitchell's Official Website
- Mitchell's Farms Fruit Facts Info
- Our Story :Mitchell's Fruit Farms Limited
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