Wahdat Poultry Farm Limited has announced plans to list on the Pakistan Stock Exchange aiming to raise approximately Rs637 million through an initial public offering. The Pakistan poultry  company looks to expand its production capacity and diversify into value-added egg products. Around Rs270 million will be invested in establishing a liquid egg pasteurization plant, while Rs180 million will be used to expand poultry capacity by adding approximately 100,000 birds. The remaining Rs150 million funds will support working capital requirements and the development of a farm licensing model.   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.  Its products are marketed under the “Farm Fresh Eggs” brand and are distributed to around 1,500 retail outlets across major cities, including Karachi, Lahore and Islamabad. The company also supplies eggs to multinational food chains and exports to select international markets.  Financially, Wahdat Poultry has recorded steady growth in recent years, with revenue rising from Rs1.23 billion in FY21 to Rs2.79 billion in FY25, while profit after tax reached Rs241.9 million in FY25. (ICE ISLAMABAD)

Fonte notizia: business recorder