Taufika Foods and Lovello Ice-cream PLC

Taufika Foods and Lovello Ice-cream PLC

DDSE:LOVELLO
48.00
BDT
+0.10
(+0.21%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Mohammad Ekramul Haque
Full Time Employees
339
Sector
Consumer non-durables
Industry
Food: meat/fish/dairy
Address
Dhaka Bangladesh
IPO Date
Feb 22, 2021
Business
Taufika Foods and Lovello Ice-cream PLC is a Bangladesh-based food products company primarily engaged in the manufacturing, marketing, and nationwide distribution of branded ice cream and frozen dairy desserts under the flagship brand Lovello. Operating within the consumer packaged foods industry, the company serves retail consumers, modern trade outlets, convenience stores, and institutional clients across Bangladesh. Its product portfolio comprises stick ice creams, including classic chocobars, crunch bars, kulfi, and milk lollies; waffle and wafer cone ice creams, available in vanilla, chocolate, strawberry, and butterscotch flavors; single-serve cups and mini tubs in traditional and fruit-infused varieties; family packs, pints, and bulk tubs ranging from 500 milliliters to several liters for household consumption and catering services; and novelty dessert lines, including premium extruded ice creams, layered bars, and ice cream cakes. The company operates a modern, automated production facility located in Bhaluka, Mymensingh, supported by an integrated cold-chain distribution network comprising refrigerated logistics fleets and dedicated retail freezer units deployed nationwide. In recent operational developments, the company rebranded from Taufika Foods and Agro Industries Limited to Taufika Foods and Lovello Ice-cream PLC to unify its corporate identity with its core commercial brand. In addition, the company initiated significant capital investment programs to substantially expand its production capacity through the procurement and installation of advanced automated European processing machinery, while simultaneously scaling up cold-storage warehousing and deepening retail distribution across domestic urban and semi-urban markets. Taufika Foods and Lovello Ice-cream PLC was incorporated in 2011 and is headquartered in Dhaka, Bangladesh.