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The Organic Meat Company won contracts for Beef exports to Jordan and Kuwait

admin-augafbyadmin-augaf
May 14, 2022
inBusiness, International, National, News
Reading Time: 1 min read
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Image: Meat exports of Pakistan
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Karachi May 14 2022: The  Organic  Meat  Company  Limited  (TOMCL)  has  become  the  first  company to  secure two separate contracts to export Beef products to Jordan and Kuwait, as per company filling to the exchange.

Company won a  contract  to  supply  “Fresh-Chilled  Bone-in  Beef”  to  Jordan,  valuing  around  US$  1.6  million.  The  contract shall  be  fulfilled  over  the  course  of  the  next  12  months.

In another contract, company has  to  supply  “Commercially-Branded  Frozen  Bone-in  Beef”  to  Kuwait,  valuing  around  US$  0.6 million,  which  shall  be  fulfilled  by  December  2022.  This  is  a  new  line  of  product,  which  is  only  being offered  from  Pakistan  by  our  Company.

“These  contracts  shall  have  positive  impacts  on  our  Company’s  business,  as  well  as  generate  good  value  to  its shareholders.” says Chief Executive Officer Mr. Faisal Hussain.

The Company was incorporated on July 14, 2010 as a private limited company under the repealed Companies Ordinance, 1984 (now Companies Act, 2017). The company’s principal activities are processing and sale of halal meat and allied products.

Source: Pakistan Stock Exchange

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