Lahore: At-Tahur Ltd (PREMA), organized by AKD Securities, conducted a corporate briefing session today, revealing its financial results for FY24 and discussing the company’s future outlook. The briefing provided detailed insights into the company’s performance and strategic directions.

According to AKD Securities Limited, At-Tahur achieved a revenue of PkR5.9 billion during FY24, marking a 19.3% increase from PkR4.9 billion in the same period last year. Although gross margins decreased to 41% from 58% due to rising costs, the management remains optimistic about potential improvements in profitability. The company cited increased demand, a shift in sales mix, and new product introductions as key revenue drivers. However, the cost-push inflation has hindered their ability to pass on these costs fully to customers.

The company's product portfolio includes pasteurized milk, which comprises approximately 60% of its revenue, alongside value-added products like butter, ghee, and fresh juices. At-Tahur maintains a diverse range of 30 SKUs and continues to invest in research and development for future offerings. The company operates a dairy farm on 84 acres with a herd size of around 6,000, achieving an average milk production of 21.1k tons annually.

Further, the company emphasized its sustainable practices, including the use of bio-degradable packing materials and a 1.2MW solar generation capacity on the farm. Plans are underway to introduce a biomass generator to enhance energy efficiency. In terms of market expansion, At-Tahur is eyeing the export market, particularly Afghanistan, pending improved border conditions. The company also highlighted logistical improvements, such as increased shipments facilitated by the upcoming completion of the Sukkur-Hyderabad Motorway.