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Business & Finance

Wahdat Poultry announces expansion plans

In May, Wahdat Poultry Farm Limited, had announced plans to list on the Pakistan Stock Exchange (PSX), aiming to...
Published Updated

Wahdat Poultry Farm Limited has approved its annual budget and business plan for the financial year ending June 30, 2027, while also giving the green light to a series of strategic expansion initiatives aimed at strengthening its value-added product portfolio and operational efficiency.

The decisions were taken at a meeting of the company’s Board of Directors held on Wednesday in Islamabad, as per a notice submitted to the Pakistan Stock Exchange (PSX) on Thursday.

Among the key approvals was the addition of a powdered egg processing line, which will be co-located with the company’s previously approved liquid pasteurised egg plant.

By leveraging existing buildings, utilities, and infrastructure, the company expects to achieve significant cost efficiencies while expanding into a higher-margin product category with a longer shelf life.

The project is expected to be financed through bank borrowing, subject to the board’s approval of definitive financing terms.

The board also approved the procurement and installation of grain storage silos, which will increase the company’s grain storage capacity by approximately 14,000 tons. Management expects the investment to reduce operational costs and grain wastage while benefiting from relatively low maintenance requirements.

In addition, the board acknowledged that the planned investments—including the egg powder plant, grain silos, replacement of the company’s existing poultry flock, and associated working capital requirements—will require additional financing. Management has been tasked with evaluating funding options from financial institutions and presenting detailed financing proposals to the Board for approval.

The company stated that these initiatives are intended to support operational efficiency, enhance value-added production capabilities, and position Wahdat Poultry for sustainable long-term growth.

In May, Wahdat Poultry Farm Limited had announced plans to list on the Pakistan Stock Exchange (PSX), aiming to raise approximately Rs637 million (USD 2.3 million) as the company looks to expand its production capacity and diversify into value-added egg products.

Founded in 2006 and later incorporated as a public limited company, Wahdat Poultry operates as a vertically integrated poultry business engaged in egg production, grading, packaging and distribution.

The company currently operates four automated layer farms with a capacity of around 430,000 birds, producing up to 400,000 eggs per day.

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