Karachi September 18 2024: The Organic Meat Company Limited announce the successful completion of Expansion Phase 2 of its operations, according to company filing to the exchange.
This phase adds an additional capacity of 300 Metric Tons (MT) per month for the production of frozen cooked beef meat.
Share price of the company surge PKR 1.07 or 2.63 percent after the announcement at Pakistan Stock Exchange.
The expanded production capacity is aimed at catering to the growing demand for high-quality frozen cooked beef meat product, particularly in the market of the People’s Republic of China (PR China), where The Organic Meat Company Limited has a strong presence. This development marks a significant milestone in The Organic Meat Company Limited’s strategic growth initiatives and further strengthens its position in the Chinese frozen cooked beef meat market.
