Karachi August 31 2023: The Organic Meat Company Limited (TOMCL) has successfully secured contract from First Quality Food Stuff LLC to export 1,000 Metric Tonnes frozen boneless beef to United Arab Emirates (UAE).
Share price of the company increase 26 paisas or 1.22 percent after the announcement at Pakistan Stock Exchange.
This contract is the first of its kind for any meat processor and export house from Pakistan to the UAE.
Through this contracts TOMCL will be able to generate revenues in excess of USD 4 Million within next six months.
The management of TOMCL is confident that this sales contract shall have a positive impact on our Company's topline as well as gene rate favorable value to the Company's shareholders.