Organic Meat Co. (PSX TOMCL) Lands $4M UAE Export Deal Milestone Achievement

The Organic Meat Company Limited (PSX: TOMCL) has reached a significant milestone in its business journey. They have recently secured a lucrative contract worth $4 million from First Quality Food Stuff LLC to export frozen boneless beef to the United Arab Emirates (UAE). This exciting development was disclosed to the Pakistan Stock Exchange on Thursday.

In a statement to the stock exchange, the company emphasized its commitment to transparency and informed shareholders about the successful fulfillment of this substantial contract. The statement read, “We had previously informed the exchange about the export contract valued at $4 million with First Quality Food Stuff LLC through our notice dated August 31, 2023. We are pleased to report the successful fulfillment of this significant contract.”

Moreover, the company expressed its satisfaction with the outcome, highlighting its dedication to expanding its market presence and strengthening business partnerships. They stated, “The Organic Meat Company Limited (TOMCL) is pleased to announce that we have successfully negotiated and finalized another contract with First Quality Food Stuff LLC for the export of frozen boneless beef to the United Arab Emirates (UAE).”

This latest achievement underscores TOMCL’s growing reputation as a reliable supplier of high-quality organic meat products in the international market. It also reflects their ability to capitalize on opportunities for business growth and expansion, further solidifying their position as a key player in the meat industry.

Moving forward, TOMCL remains focused on exploring new markets, forging strategic alliances, and delivering exceptional products and services to meet the evolving needs of customers worldwide.