April 23, 2025 (MLN): In a strategic move to diversify its product portfolio and tap into new revenue streams, Barkat Frisian Agro Limited (PSX: BFAGRO) has planned to set up a dried egg powder production facility at an estimated capital expenditure of Rs500 million.
According to the company's official disclosure, the new facility will have an annual production capacity ranging between 720 to 1,080 metric tons.
The project will be funded through a combination of a debt facility and internal company resources.
This expansion marks Barkat Frisian’s entry into a new product segment, with the company aiming to leverage the growing demand for shelf-stable, protein-rich food products both locally and internationally.
"The establishment of the dried egg powder plant represents a pivotal step in our strategic roadmap," stated the company. "We are confident that this initiative will not only contribute meaningfully to our top line but also unlock fresh market opportunities and enhance shareholder value."
The company emphasised that the disclosure is being made in line with its commitment to keep investors informed about key strategic initiatives.
The dried egg powder market is gaining traction due to its versatility in the food processing industry, longer shelf life, and growing global demand, especially in the bakery, confectionery, and hospitality sectors.
With this move, Barkat Frisian Agro aims to position itself as a serious player in the value-added agri-products segment.
