Islamabad, Sep 18: The Organic Meat Company Ltd has successfully completed Expansion Phase 2, which increases its production capacity by 300 Metric Tons (MT) per month for frozen cooked beef meat. This expansion was announced in a stock filing on Wednesday.
“The expanded production capacity is aimed at catering to the growing demand for high-quality frozen cooked beef meat products, particularly in the market of the People’s Republic of China (PR China), where The Organic Meat Company Limited has a strong presence,” it stated.
The completion of Expansion Phase 2 is a major milestone for The Organic Meat Company Ltd, enhancing its position in the Chinese frozen cooked beef meat market.
The company, which focuses on processing and selling halal meat and related products, saw its stock rise to Rs. 41.45, up 1.77 percent or Rs. 0.72, with over 1.2 million shares traded on Wednesday.
