At-Tahur Limited (PREMA): Growth & regulatory changes providing impetus – By Insight Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In a recent development, At Tahur limited (PREMA) has added 375 imported and other Holstein Friesian Cows. The new herd will add ~3.4mn liters/year to company&amp;rsquo;s total milk production</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Increasing Herd Size: As of Sep&amp;rsquo;21, company held 2,489 mature assets, which are able to produce milk and 1,959 immature assets that are being raised to produce milk in the future. As per our talks with management, the said addition will generate incremental revenue of PKR600-700mn. The company also plans to take its herd size up to 10k (via purchasing animals &amp;amp; organic growth) by FY24-FY25.</span></li></ul><ul><li><span style="font-family:Arial, Helv...