Karachi: The Organic Meat Company Limited (TOMC) has announced a new contract for the supply of frozen cooked beef meat to the People's Republic of China, a deal that is poised to enhance the company’s presence in the Asian markets. Valued at USD 12 million, this contract marks a significant advancement in TOMC's export strategy.

In compliance with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of Pakistan Stock Exchange (PSX) Regulations, the company disclosed the agreement details, emphasizing its potential impact on future operations. The contract entails the delivery of high-quality frozen cooked beef over an unspecified period, with shipping to commence immediately. According to information available from the Pakistan Stock Exchange (PSX), this initiative is aligned with TOMC’s strategic goals of increasing its export volume and tapping into new geographical segments.

The company projects that the execution of this contract will positively influence its revenue streams and profitability in the fiscal year 2025. The news has been circulated among all TRE Certificate holders of the Exchange to ensure that shareholders are up to date with this development.