Karachi: Gammon Pakistan Limited has reported a continuation of suspended commercial operations for the quarter ended September 30, 2025, as detailed in their quarterly progress report dated December 30, 2025. The company has not initiated any new projects during this period, citing challenging market conditions, rising input costs, and limited viable opportunities that align with their risk and compliance criteria.

The company’s management has focused on identifying and evaluating potential business prospects, although no new projects were undertaken. According to information available from the Pakistan Stock Exchange (PSX), Gammon Pakistan Limited has been actively reviewing proposals and assessing the feasibility and risk profiles of various business opportunities as part of its strategic approach to ensure future sustainability and compliance.

Management attributes the delay in project initiation to the current economic environment, including increased financing costs and sector-specific issues, rather than a lack of effort. The Board emphasizes a cautious and selective strategy to safeguard shareholder value and avoid projects with inadequate returns or high execution risks. The company remains committed to compliance with PSX and SECP regulations and plans to maintain regular communication through quarterly reports until business operations resume.