December 30, 2025 (MLN): Gammon Pakistan Limited (PSX: GAMON) has disclosed that its business operations remained suspended during the quarter ended September 30, 2025, with no new projects undertaken during the period.

The company stated that the continuation of suspended operations shows challenging market conditions, higher input costs, a tight liquidity environment.

It also cited the limited availability of commercially viable opportunities that meet its risk and return thresholds, according to the company’s filing on PSX.  

Management noted that it remains cautious in order to avoid exposure to projects that could pose financial or operational risks to the company and its shareholders.

Despite the absence of active commercial operations, Gammon Pakistan continued to explore potential business opportunities.

During the quarter, management reviewed various project proposals and evaluated their feasibility and financial viability.

It also assessed risk profiles and considered alternative business models and sectors aligned with the company’s objectives and available resources.

The delay in commencing a new project was attributed to external economic uncertainty, rising financing costs, and sector-specific challenges, rather than any lack of effort or intent.

The company emphasized that a prudent and selective approach is necessary at this stage to safeguard shareholder value and ensure long-term sustainability.

Gammon Pakistan reaffirmed its commitment to compliance with all applicable regulatory requirements.

The company stated that any material development regarding the commencement or resumption of business operations will be disclosed in a timely manner in line with relevant regulations. 

Copyright