Barkat Frisian Agro Limited (BFAGRO) announced plans to invest Rs500 million in setting up a dried egg powder production facility, signaling its strategic entry into a new product segment. The investment will be financed through a combination of debt facilities and internal company resources, according to a notice submitted to the Pakistan Stock Exchange (PSX).
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Approved by the company’s Board of Directors, the new facility is expected to produce between 720 and 1,080 metric tons annually. This move marks a significant milestone in BFAGRO’s growth strategy, aimed at enhancing revenue and diversifying income streams.
“This strategic expansion is expected to significantly contribute to the company’s revenue growth and diversify its income streams. We are confident that this new product segment will unlock new market opportunities and create value for our shareholders,” the company stated.
BFAGRO, a joint venture between the Netherlands-based Frisian Egg Group and Pakistan’s Buksh Group, specializes in pasteurized egg products, including whole eggs, yolks, whites, and various derivatives. Its key markets include the HoReCa (hotel, restaurant, and café) sector, as well as sauce, mayonnaise, baking, and confectionery industries.
The announcement follows BFAGRO’s successful debut on the PSX in February 2025, where it hit the upper price limit of Rs20.02 and raised Rs1.23 billion by selling 67.74 million shares in a Dutch auction.
This latest investment signals BFAGRO’s commitment to innovation and product diversification as it continues to scale operations and meet the evolving needs of the food processing and manufacturing sectors in Pakistan and beyond.
