TOMCL secures approval to export 'Cooked Frozen Beef' to China

MG News | October 09, 2023 at 10:05 AM GMT+05:00

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October 09, 2023 (MLN): The Organic Meat Company Limited (PSX: TOMCL) has successfully become the first and only company from Pakistan to secure Approvals from the General Administration of Customs of the People's Republic of China (GACC) to export "Cooked/heat treated Frozen Beef" to The Peoples' Republic of China, the company's filing on PSX revealed today.

With these approvals, TOMCL is poised to achieve new horizons in terms of export volumes and turnover.

"The company further believes that these approvals shall have a positive impact on our company’s business, as well as generate good value for its shareholders," the notification reads further.

The company's principal activities are the processing and sale of halal meat and allied products.

At the time of writing, the scrip of the company is being traded at PKR1.12 or 5.47% since the previous close.

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