National Foods Holdings Ltd (Zimbabwe Stock Exchange: NATFOODS)


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Business Description
National Foods Holdings Limited is a Zimbabwe-based company engaged in the manufacturing and marketing of food products. The Company’s operations include prepacking and sale of dry groceries, manufacturing of stockfeeds and vitamin and, mineral premixes for stockfeed applications. The Company operates in two segments namely Milling, manufacturing and distribution, and Properties. Milling, manufacturing and distribution segment includes the milling of flour and maize, manufacture of stockfeeds and sale of general household goods and also involves the distribution and warehousing of these goods. Properties segment includes all properties owned by the Company. Properties are leased out to business units in the milling, manufacturing and distribution segment as well as to third parties. The Company operates through its subsidiaries which include National Foods Limited, National Foods Properties Limited, Rice Mills (Private) Limited and Bakery Products (Private) Limited.