Habib Rice Products Ltd.PSX: HRPL

Tranmission of Quarterly Report for the Period Ended - 31 March 2026

Apr 29, 2026 at 4:34 AM UTC · Issued by Habib Rice Products Ltd.

Iabib Rice Products Ltd.

3rd Quarter Unaudited AccOunts March 31, 2026

Condensed Interim Statement of Profit or Loss (Un-audited)

9-16

Notes to the Condensed Interim Financial Statements (Un-audited)

Condensed Interim Statement of Cash Flows (Un-audited)

Condensed Interim Statement of Changes in Equity (Un-audited)

Condensed Interim Statement of Comprehensive Income (Un-audited)

Condensed Interim Statement of Financial Position (Un-audited)

Chairman's Review / Directors' Report

COMPANY INFORMATION

BOARD OF DIRECTORS

Executive Directors

Mr. Owais G. Habib Mr. Tufail Y. Habib

Managing Director

Non Executive Directors

Mr. Gaffar A. Habib

Dr. Howard J. Synenberg Ms. Fatemah G. Habib Mr. Adil Ahmed Chapra Mr. Asad R. Premjee

Mr. Faisal Adamjee

Chairman Independent

Independent Independent Independent

BOARD OF AUDIT COMMITTEE

Mr. Gaffar A. Habib Ms. Fatemah G. Habib Mr. Asad R. Premjee Mr. Adil Ahmed Chapra

BOARD OF HR AND REMUNERATION COMMITTEE

Mr. Gaffar A. Habib Mr. Tufail Y. Habib

Ms. Fatemah G. Habib Mr. Adil Ahmed Chapra

CHIEF EXECUTIVE OFFICER

Mr. Owais G. Habib

CHIEF FINANCIAL OFFICER

Mr. Jamshed Ali Khan

COMPANY SECRETARY

Mr. Muhammad Haris

AUDITORS

Grant Thornton Anjum Rahman Chartered Accountants

SHARE REGISTRAR

M/s. CDC Share Registrar Services Ltd. CDC House, 99-B, Block-B, S.M.C.H.S.,

Main Sharah-e-Faisal, Karachi.

REGISTERED OFFICE ADMINISTRATIVE OFFICES & FACTORY

2nd Floor, UBL Building, I. I. Chundrigar Road, Ahmad Habib Boulevard, Karachi - 74000, Pakistan. Hub - 90250, Pakistan.

Telephone : (021) 32411887 Telephone : (0853) 363963-5

Fax : (021) 32414581 Fax : (0853) 363819

CHAIRMAN'S REVIEW / DIRECTORS' REPORT

3rd Quarter Ended March 31, 2026 (Unaudited)

Dear Shareholders,

The Directors of the Company present their review on the financial performance for the quarter and nine months ended March 31, 2026.

During the period under review, the Company incurred a net loss after tax of PKR 50.08 million, as compared to a net loss of PKR 82.32 million for the corresponding period of the previous year, reflecting an overall improvement in performance.

The reduction in loss is primarily attributable to higher local sales, increased rice grinding and overall production, and continued cost rationalization, including lower repair and maintenance expenses, as well as savings in global trade shows and local and foreign commission costs.

Despite these improvements, the Company reported a loss for the period mainly due to significant external cost pressures, including the steep escalation in energy costs, particularly due to the levy on off-grid captive power plants (CPP) under the Off-grid (Captive Power Plants) Levy Act, 2025, increased import of Sorbitol under the prevailing tax and tariff regime, and the additional burden of market committee fee.

Progress on Co-Generation Power Plant

The Company's Co-Generation Power Plant, being developed as an alternate energy resource, has achieved important milestones. Civil works have been completed, and long delayed machinery is awaited. This project is expected to contribute towards energy cost optimization and improved operational efficiency in future periods.

The management remains focused on sustaining operational improvements, managing cost pressures, and enhancing overall performance in the coming periods.

In closing: Please join us in our prayers to All Mighty Allah to guide the policy makers to take corrective actions necessary for safeguarding and strengthening our local Industries, Aameen

On behalf of the Board,

OWAIS G. HABIB

Chief Executive Officer

GAFFAR A. HABIB

Chairman

Karachi: April 23, 2026

Property, plant and equipment	4	619,674,820	581,014,206
Right-of-use assets		18,024,415	13,181,115
Long-term deposits		1,660,221	1,061,249

Stock in trade	5	546,231,227	456,946,103
Trade debts - considered good	6	34,035,980	26,305,128
Loan and advances		63,041,999	59,629,527
Trade deposits, prepayments and other receivable 2,655,108 6,290,544
Short-term deposits	7,819,241		7,819,241
Due from related party Short - term investments	7	-224,766	491,659 210,655
Taxation-net Cash and bank balances	8	100,095,050 13,499,770	99,623,653 10,933,122
		866,364,931	788,322,889
		1,505,724,387	1,383,579,459

ordinary shares of Rs.5 each		300,000,000	300,000,000
Issued, subscribed and paid-up share capital
40,000,000 (June 2025:40,000,000)
ordinary shares of Rs.5 each		200,000,000	200,000,000
Reserves		543,619,043	593,701,609
743,619,043				793,701,609
Non current liabilities
Long term financing - secured		113,800,000		38,000,000
Lease liabilities		6,128,267		5,243,614
		119,928,267		43,243,614
Current liabilitities
Short term running finance - secured		66,541,790	-
Short-term Loan - secured		100,000,000	-
Current maturity of lease liabilities		12,722,857		3,483,656
Trade and other payables	9	208,477,060		288,415,210
Provision for gas infrastructure development cess	10	229,344,757		229,344,757
Due to related party		-		300,000
Unclaimed and unpaid dividend		25,090,613		25,090,613
		642,177,077		546,634,236

Iabib Rice Products Ltd.

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2026 (UN-AUDITED)

March 31, June 30,

2026 2025

(Un-audited) (Audited)

ASSETS

Non current assets

Note

--------------- Rupees ---------------

Current assets

Stores, spares parts and loose tools

639,359,456 595,256,570

98,761,790 120,073,257

EQUITY AND LIABILITIES

Share capital and reserves Authorised share capital 60,000,000 (June 2025:60,000,000)

CONTINGENCIES AND COMMITMENTS

1,505,724,387 1,383,579,459

The annexed notes from 1 to 17 form an integral part of these condensed interim financial statements.

OWAIS G. HABIB

Chief Executive Officer

Karachi: April 23, 2026

JAMSHED ALI KHAN

Chief Financial Officer

GAFFAR A. HABIB

Chairman

Note March 31,		March 31,	March 31,		March 31,
	2026	2025	2026		2025
	------------------------------------- Rupees -------------------------------------
Turnover - net	12	1,751,830,219	1,688,779,730	517,925,758	643,337,756
Cost of sales	(1,588,433,784)	(1,529,818,795)	(496,625,285)		(562,996,323)
Gross profit	163,396,435	158,960,935		21,300,473		80,341,433
Distribution costs	(73,735,068)	(113,422,981)	(26,174,970)		(50,760,411)
Administrative expenses	(106,917,980)	(109,819,916)	(32,961,406)		(35,223,644)
Other expenses	(1,187,429)	(312,475)	1,040,603		(312,475)
Other Income	611,502	16,000,434	111,979		10,836,216
Finance costs	(10,684,041)	(6,639,132)	(5,854,296)		(2,553,211)
(Loss) / profit before
levies and income tax	(28,516,581)	(55,233,135)	(42,537,617)		2,327,908
Levies	(21,565,985)	(20,740,453)	(6,407,637)		(4,697,058)
Loss before income tax	(50,082,566)	(75,973,588)		(48,945,254)		(2,369,150)
Taxation	-	(6,341,495)	-		-
Net Loss for the period	(50,082,566)	(82,315,083)		(48,945,254)		(2,369,150)
Loss per share-basic and diluted	(1.25)	(2.06)	(1.22)		(0.06)
The annexed notes from 1 to 17 form an integral part of these condensed interim financial statements.
OWAIS G. HABIB		JAMSHED ALI KHAN			GAFFAR A. HABIB
Chief Executive Officer		Chief Financial Officer			Chairman
Karachi: April 23, 2026
					5

Iabib Rice Products Ltd.

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS

FOR THE 3RD QUARTER ENDED 31 MARCH 2026 (UN-AUDITED)

9 Months ended Quarter ended

Net Loss for the period	(50,082,566)	(82,315,083)	(48,945,254)	(2,369,150)
Other comprehensive income	-	-	-	-
Total comprehensive
loss	(50,082,566)	(82,315,083)	(48,945,254)	(2,369,150)

Iabib Rice Products Ltd.

CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME

FOR THE 3RD QUARTER ENDED 31 MARCH 2026 (UN-AUDITED)

9 Months ended Quarter ended March 31, March 31, March 31, March 31,

2026 2025 2026 2025

------------------------------------- Rupees -------------------------------------

The annexed notes from 1 to 17 form an integral part of these condensed interim financial statements.

OWAIS G. HABIB

Chief Executive Officer

Karachi: April 23, 2026

JAMSHED ALI KHAN

Chief Financial Officer

GAFFAR A. HABIB

Chairman

		Reserves
Particulars	Issued, Subscribed And Paid-up Capital	Capital Reserve	Revenue reserves		Total reserves	Total equity
		Share Premium	General Reserve	Unappropriated Profit

Balance as at July 01, 2024 (Audited)	200,000,000	10,000,000	50,000,000	689,413,604	749,413,604	949,413,604
Net loss after taxation	-	-	-	(82,315,083)	(82,315,083)	(82,315,083)
Other comprehensive income	-	-	-	-	-	-
Total comprehensive loss	-	-	-	(82,315,083)	(82,315,083)	(82,315,083)
Balance as at March 31, 2025 (Unaudited)	200,000,000	10,000,000	50,000,000	607,098,521	667,098,521	867,098,521
Balance as at July 01, 2025 (Audited)	200,000,000	10,000,000	50,000,000	533,701,609	593,701,609	793,701,609
Net loss after taxation	-	-	-	(50,082,566)	(50,082,566)	(50,082,566)
Other comprehensive income	-	-	-	-	-	-
Total comprehensive loss	-	-	-	(50,082,566)	(50,082,566)	(50,082,566)
Balance as at March 31, 2026 (Unaudited)	200,000,000	10,000,000	50,000,000	483,619,043	543,619,043	743,619,043

Iabib Rice Products Ltd.

CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY

FOR THE 3RD QUARTER ENDED 31 MARCH 2026 (UN-AUDITED)

------------------------------------------------------- Rupees -------------------------------------------------

The annexed notes from 1 to 17 form an integral part of these condensed interim financial statements.

Karachi: April 23, 2026

OWAIS G. HABIB

Chief Executive Officer

JAMSHED ALI KHAN

Chief Financial Officer

GAFFAR A. HABIB

Chairman

Loss before levies and taxation Adjustments for non cash Items:		(28,516,581)	(55,233,135)
Depreciation on operating fixed assets	4.1	34,060,210	34,464,529
Depreciation on right-of-use assets		14,117,539	11,767,363
Profit on term deposits receipts and interest on savings	accounts	(497,841)	(15,997,586)
Dividend income		(184)	(2,848)
Gain on disposal of operating fixed assets		(1,477)	-
Finance costs		4,757,781	6,639,132
Operating profit/ (loss) before working capital changes		23,919,447	(18,362,545)
Working capital changes 13		(155,227,025)	66,687,550
Cash (used in)/generated from operations		(131,307,578)	48,325,005
Taxes paid		(22,037,382)	(18,658,581)
Finance costs paid		(2,865,104)	(3,396,246)
Long term deposits -net		(598,972)	18,401,880
		(25,501,458)	(3,652,947)
Net cash (used in)/generated from operatig activities		(156,809,036)	44,672,058
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditure		(72,724,348)	(69,419,271)
Short term investments - net		(224,766)	254,450
Profit on term receipts and interest savings accounts received		496,830	16,011,820
Dividend income received		184	2,848
Proceeds from disposal of operating fixed assets		5,000	-
Net cash used in investing activities		(72,447,100)	(53,150,153)
CASH FLOWS FROM FINANCING ACTIVITIES
Short term running financing obtained		66,541,790	-
Short-term Loan obtained		100,000,000	-
Long term financing received		75,800,000	38,000,000
Lease rentals paid		(10,729,661)	(15,602,440)
Net cash generated from financing activities		231,612,129	22,397,560
Net increase in cash and cash equivalents		2,355,993	13,919,465
Cash and cash equivalents at beginning of the period		11,143,777	100,732,383
Cash and cash equivalents at end of the period 8.2		13,499,770	114,651,848

Iabib Rice Products Ltd.

CONDENSED INTERIM STATEMENT OF CASH FLOWS

FOR THE 3RD QUARTER ENDED 31 MARCH 2026 (UN-AUDITED)

March 31, March 31,

2026 2025

CASH FLOWS FROM OPERATING ACTIVITIES

(Un-audited) (Un-audited) Note --------------- Rupees ---------------

The annexed notes from 1 to 17 form an integral part of these condensed interim financial statements.

OWAIS G. HABIB

Chief Executive Officer

Karachi: April 23, 2026

JAMSHED ALI KHAN

Chief Financial Officer

GAFFAR A. HABIB

Chairman

Iabib Rice Products Ltd.

NOTES TO THE CONDENSED INTERIM FINANCIAL STATEMENTS

FOR THE 3RD QUARTER ENDED 31 MARCH 2026 (UN-AUDITED)

THE COMPANY AND ITS OPERATIONS
Habib Rice Products Limited (the Company) is a public listed company limited by shares incorporated in Pakistan on July 10, 1980 and is listed on the Pakistan Stock Exchange. The registered office of the Company is situated at 2nd Floor, UBL Building
I.I Chundrigar Road, Karachi, Sindh. The Company is engaged in the production of rice based starch sugar and proteins. The Company's primary production facility are located at its industrial complex in Hub Industrial Area, District Lasbela, Baluchistan.
BASIS OF PREPARATION
1. These condensed interim financial statements have been prepared in accordance with the accounting and reporting standards as applicable in Pakistan for interim financial reporting. The accounting and reporting standards as applicable in Pakistan for interim financial reporting comprise of:
  - International Accounting Standard (IAS) 34, Interim Financial Reporting, issued by the International Accounting Standards Board (IASB) as notified under the Companies Act, 2017; and
  - Provisions of, directives and notifications issued under the Companies Act, 2017.
    Where the provisions of and directives issued under the Companies Act, 2017 differ with the requirements of IAS 34, the provisions of directives and notification issued under the Companies Act, 2017 have been followed.
2. These condensed interim financial statements do not include all the information and disclosures required in annual financial statements and should be read in conjunction with the Company's annual financial statements for the year ended June 30, 2025. These condensed interim financial statements are unaudited.
3. The figures of the condensed interim statement of profit or loss and condensed interim statement of comprehensive income for the quarters ended March 31, 2026 and March 31, 2025 and notes forming part thereof have not been reviewed by the auditors of the Company, as they have reviewed the cumulatvie figures for the half year ended 31 December 2025 and 31 December 2024.
4. These condensed interim financial statements are presented in the Pakistani rupees which is also the Company's functional currency.

Iabib Rice Products Ltd.

Standards, Amendments and Interpretations to Approved Accounting Standards
1. Standards, amendments and interpretations to the published standards that are relevant to the company and adopted in the current period
  There were certain amendments to accounting and reporting standards which became effective for the Company for the current period. However, these are considered not to be relevant or to have any significant impact on the Company's financial reporting and, therefore, have not been disclosed in these financial statements.
2. Standards, amendments and interpretations to the published standards that are relevant but not yet effective and not early adopted by the Company

There are standards and certain other amendments to accounting and reporting standards that are not yet effective and notified and are considered either not to be relevant or to have any significant impact on the Company's financial statements and operations and, therefore, have not been disclosed in these financial statements.

IFRS S1 - General Requirements for Disclosure of Sustainability-related Financial Information

January 1, 2027

IFRS S2 - Climate-related Disclosures

January 1, 2027

Certain amendments updating a reference to the Conceptual Framework and annual improvements have also been made to a number of standards, which have not been enumerated here for brevity.

MATERIAL ACCOUNTING POLICIES, ESTIMATES, JUDGEMENTS AND FINANCIAL RISK POLICIES
1. The material accounting policies, estimates, judgements and financial risk policies used in these condensed interim financial statements are the same as those applied in the preparation of annual financial statements for the year ended June 30, 2025.
2. The estimates, assumptions and judgements made in the preparation of these condensed interim financial statements are substantially the same as those applied in the preparation of audited financial statements for the year ended June 30, 2025.

4 PROPERTY, PLANT & EQUIPMENT
Operating fixed assets	4.1	466,380,432	488,785,463
Capital work-in-progress(CWIP)	4.2	153,294,388	92,228,743
		619,674,820	581,014,206
4.1 Operating Fixed Assets
Net book value (NBV) at the beginning
of the period/year		488,785,463	505,347,266
Additions / transfers during the period/year (cost) Transfer from CWIP during the period/year(cost)	4.1.1 4.2	11,658,702 -	10,952,774 18,669,002
		500,444,165	534,969,042
Disposal during the period/year		(3,523)	-
Depreciation charged during the period / year		(34,060,210)	(46,183,579)
		(34,063,733)	(46,183,579)
NBV at the end of the period/year		466,380,432	488,785,463
4.1.1 Additions / Transfer during the period/year
	Factory building	183,739	64,147
	Plant & machinery	9,683,727	3,547,434
	Computers , office and electrical equipments	611,214	1,055,663
	Furniture & fixture	369,722	187,530
	Vehicles	810,300	6,098,000
		11,658,702	10,952,774
4.2	Capital Work-in-Progress
	At the beginning of the period / year	92,228,743	7,313,061
	Additions during the period /year	61,065,645	103,584,684
		153,294,388	110,897,745
	Transfer to operating fixed assets
	during the period / year	-	(18,669,002)
	At the end of the period /year	153,294,388	92,228,743

Iabib Rice Products Ltd.

March 31, June 30,

2026 2025

(Un-audited) (Audited) Note --------------- Rupees ---------------

Iabib Rice Products Ltd.

March 31, June 30,

2026 2025

(Un-audited) (Audited) Note --------------- Rupees ---------------

5 STOCK IN TRADE

Raw and packing material

in hand
in-transit

Raw and packing material Work-in-process

Finished goods

179,096,554 109,510,020

- 3,442,611 179,096,554 112,952,631

12,072,699 1,263,636

355,061,974 342,729,836

546,231,227 456,946,103

6 TRADE DEBTS - considered good

Local - unsecured

34,035,980 26,305,128

7 SHORT-TERM INVESTMENTS

At amortised cost

Term deposit receipts (TDR)

maturity within 3 months
maturing within 3 to 12 months

- 210,655

224,766 -

224,766 210,655

8 CASH AND BANK BALANCES

Bank Balances

Current Account

Local Currency
Foreign Currency

Savings Account

8.1

Cash in hand

9,449,003 5,874,371

3,084,917 3,641,979 12,533,920 9,516,350

965,850 1,416,772

13,499,770 10,933,122

8.1 These carry profit at the rate of 9.25% to 8.75 (June 30, 2025: 9.25% to 19%).

3,909,120

1,965,251

8,025,645

1,423,358

8.2	Cash and cash equivalent
	Term deposit receipts - short term	-	205,409
	Cash and bank balances	13,499,770	114,446,439
		13,499,770	114,651,848
		March 31,	June 30,
		2026 (Un-audited)	2025 (Audited)
9 TRADE AND OTHER PAYABLES --------------- Rupees ---------------
	Creditors	24,961,483	117,087,064
	Accrued liabilities	93,562,845	76,756,912
	Contract liabilities	67,456,336	88,457,801
	Sales tax payable	20,424,636	5,515,155
	Others	2,071,760	598,278
		208,477,060	288,415,210
10	PROVISION FOR GAS INFRASTRUCTURE
	DEVELOPMENT CESS (GIDC)
Opening Balance		229,344,757	227,124,918
Unwinding of finance cost		-	2,219,839
Closing Balance		229,344,757	229,344,757
11 CONTINGENCIES AND COMMITMENTS
11.1 Contingencies

Iabib Rice Products Ltd.

March 31, March 31,

2026 2025

(Un-audited) (Unaudited) Note --------------- Rupees ---------------

There is no significant change in the status of contingencies and commitments as disclosed in the annual audited financial statements for the year ended June 30, 2025.

11.2 Commitments

Guarantee issued in favour of :

Sui Southern Gas Company Limited

11.3 102,346,611 102,346,611

Guarantee issued in favour of KE

1,686,249

Purchase commitment for cogeneration plant

176,700,000 176,700,000

11.3 Guarantee have been issued by a commercial bank on behalf of the Company to Sui Southern Gas Company Limited in the normal course of business.

2026			2025
		(Un-audited) (Unaudited)
		--------------- Rupees ---------------
12	TURNOVER - NET
	Local sales	1,937,181,154 1,823,120,395
	Export sales	132,705,945 147,841,644
	Add: Rebate	12,403 -
		2,069,899,502 1,970,962,039
	Sales return	(24,587,955) (5,185,477)
	Sales Tax	(293,481,328) (276,996,832)
	Net Sales	1,751,830,219 1,688,779,730

13	WORKING CAPITAL CHANGES
	Decrease/(increase) in current assets
	Stores, spare parts & loose tools	21,311,467	(3,267,594)
	Stock in trade	(89,285,124)	8,861,554
	Trade debts	(7,730,852)	(8,685,088)
	Loans and Advances	(3,412,472)	(52,274,198)
	Trade deposits and pre-payments	4,128,106	3,392,891
		(74,988,875)	(51,972,435)
	Increase in current liabilities
	Trade and other payables	(79,938,150)	118,659,985
	Due to related party	(300,000)	-
	Working capital changes	(155,227,025)	66,687,550

Iabib Rice Products Ltd.

March 31,

FINANCIAL RISK MANAGEMENT AND FINANCIAL INSTRUMENTS
The Company's activities expose it to a variety of financial risks: market risk (including currency risk and interest rate risk), credit risk and liquidity risk.
There have been no changes in the risk management policies during the period, consequently these unconsolidated condensed interim financial statements does not include all the financial risk management information and disclosures required in the audited annual financial statements.
1. Fair value of financial assets and liabilities

The carrying value of all financial assets and liabilities reflected in these condensed interim unconsolidated financial statements approximate their fair values.

Transactions during the period
Key management personnel Salaries and allowances	70,117,701	57,876,862
Retirement benefit plans Contribution to providend fund	12,564,404	11,526,206
Transaction with Associated company
Haydari Boring & Piling Co. (Private) Limited Rent expense	450,000	450,000
Prepayment	150,000	-

Iabib Rice Products Ltd.

1. Fair value hierarchy
  Fair value is an amount for which an asset could be exchanged, or a liability settled, between knowledgeable willing parties in an arm's length transaction. Consequently, differences may arise between the carrying values and the fair value estimates.
  The Company classifies fair value measurements using a fair value hierarchy that reflects the significance of the inputs used in making the measurements. The fair value hierarchy has the:
  1. Quoted prices (unadjusted) in active markets for identical assets or liabilities (level 1).
  2. Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly (that is, as prices) or indirectly (that is, derived from prices) (level 2).
  3. Inputs for the asset or liability that are not based on observable market data (that is, unobservable inputs) (level 3).
    There were no transfers between level 1, 2 or 3 of the fair value hierarchy during the year.
TRANSACTIONS WITH RELATED PARTIES

Related parties comprise of associated companies, directors, other key management personnel and retirement funds. Transactions with related parties other than those disclosed elsewhere in the financial information as mentioned below are entered under agreed terms:

March 31, March 31,

2026 2025

(Un-audited) (Unaudited)

--------------- Rupees ---------------

Iabib Rice Products Ltd.

GENERAL
Figures have been rounded off to the nearest rupee, unless otherwise stated.
DATE OF AUTHORIZATION

These condensed Interim Financial Information have been authorised for issue on 23rd April 2026 by the Board of Directors of the Company.

OWAIS G. HABIB

Chief Executive Officer

JAMSHED ALI KHAN

Chief Financial Officer

GAFFAR A. HABIB

Chairman

Karachi: April 23, 2026

Cell: +92-333-2138681 - +92-333-3989897 - +92-332-2123552 Tel: +92-853-363963-5

Email: sales@habibriceproducts.com / farhan.t@habibriceproducts.com / corporate@habibriceproducts.com Website :www.habibriceproducts.com

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Cosmetic & Health Care Products

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Iabib Rice Products Ltd.

Pioneer Producers of Rice Derives Products and Proteins

Habib Rice Products Limited pioneered the conversion of Rice into:-

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