Karachi September 24 2024: The Organic Meat Company has successfully secured a significant contract for the supply of frozen cooked beef meat to the People’s Republic of China (PR China).
This contract, valued at USD 12 million, equivalent to PKR 3.3 billion, is expected to be a major milestone in the Company’s business operations, expanding its international footprint in the growing Chinese market for frozen cooked beef meat product.
The contract involves the supply of high-quality frozen cooked beef meat over the agreed period, with shipments scheduled to commence momentarily. This partnership aligns with the Company’s strategy of enhancing export operations and entering new markets, particularly in Asia.
The Company anticipates that the execution of this contract will have a favorable impact on its revenue and profitability for FY25.