TOMCL to export pet food to Canada

The Organic Meat Company Ltd (TOMCL) on Tuesday successfully secured the required approvals to export “pet chews” to Canada and meat products to Uzbekistan. The company informed the Pakistan Stock Exchange (PSX) that it has become the first company from Pakistan to export such products to Canada. The approvals also included the supply of meat and meat products (chilled and frozen) to Uzbekistan by the State Committee for Veterinary Medicine and Livestock Development of the Republic of Uzbekistan. This supply would have a positive impact on the company’s business and would also help generate a good amount of revenue for the shareholders. According to the Pakistan Bureau of Statistics (PBS), the country’s overall meat and meat preparation exports soared to 69,072 tonnes ($302 million) during 9MFY23 as compared to 56,397 tonnes ($249m) in the same period last fiscal year, showing a jump of 22.4pc in quantity and 21pc in value.