Al-Shaheer Corporation Limited (ASC) reported loss per share of PKR 1.05 for FY25, compared to PKR 9.36 in FY24. Furthermore, in 4QFY25, the company reported loss per share of PKR 0.24, compared to loss per share of PKR 0.86 in the same period last year (SPLY).
Earlier, the company’s bank accounts were seized however, banks have now begun allowing access. As of now, five banks have permitted the company to operate its accounts, while the remaining institutions are conducting due diligence, which is expected to conclude within the next couple of weeks. At present, the company’s major capacity utilization is being driven by the Red Meat and Value-Added segments, while White Meat is expected to contribute from the second half of the current fiscal year.
The company is targeting an overall capacity utilization of 40–50% within the next two years, supported by B2B contracts and expanding export opportunities. During the AGM, shareholders elected an independent board to appoint a new management team tasked with overseeing the reform process, including regulatory matters. Going forward, the management structure is expected to be revamped within the next 6–8 months, with experienced professionals brought in to strengthen business operations.
According to management, all technical requirements have now been completed, including the final step of conducting CBS. The global halal meat market is valued at USD 1.05 trillion in 2025 and is projected to reach USD 1.51 trillion by 2030, reflecting a CAGR of 2.56% over the period.
Important Disclosures
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