US-Iran War Drives Dagger Through Pakistan Meat Industry
Meanwhile, the Organic Meat Firm Limited (PSX: TOMCL) saw its annual profit plunge 74 percent to $405, 000 in fiscal year 2026 as the US-Iran war disrupted shipments to Gulf markets.
Meanwhile, the Organic Meat Firm Limited (PSX: TOMCL) saw its annual profit plunge 74 percent to $405, 000 in fiscal year 2026 as the US-Iran war disrupted shipments to Gulf markets.
Article outline
- What happened
- The key numbers
- The bottom line
Key points
- While sales declined more than 11 percent to $44.4 million from $50.5 million a year earlier, the company's profit fell from $1.52 million in FY25.
- TOMCL exports beef, mutton and camel meat to more than 16 countries, including major markets in the United Arab Emirates and Saudi Arabia.
- While provisions for projected credit losses rose 34 percent to Rs, 281 million.
- Disruptions to Gulf shipping routes have created it harder for the business to fulfil export commitments.
- 64 million, providing some relief, but not enough to offset the decline in revenue and operating performance.
While sales declined more than 11 percent to $44.4 million from $50.5 million a year earlier, the company's profit fell from $1.52 million in FY25. Iran Thinks US Wrote Pakistan's MoU Tweets.
TOMCL exports beef, mutton and camel meat to more than 16 countries, including major markets in the United Arab Emirates and Saudi Arabia. Disruptions to regional shipping routes have complicated deliveries.
In practice, the company's gross profit fell 24 percent to Rs. While operating profit dropped 62 percent to Rs, 1.09 billion. 248.91 million.
Administrative expenses rose 4 percent to Rs. While provisions for projected credit losses rose 34 percent to Rs, 281 million. 212 million.
Finance costs fell 54 percent to Rs. 64 million, providing some relief, but not enough to offset the decline in revenue and operating performance. Earnings per share dropped to Rs. 0.57 from Rs. 2.50 in FY25. Stay Connected with ProPakistani.
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In short, uS-Iran War Drives Dagger Through Pakistan Meat Industry is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.
