Gammon Pakistan : Corporate Briefing Session Video Link and Presentation brief
December 13, 2022 at 03:55 am
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GAMMON 1
PAKISTAN
LIMITED
CORPORATE BRIEFING SESSION 2021-22 DATED: DECEMBER 14, 2022
Disclaimer2
During the course of this presentation we may make forward-looking statements regarding future events or the future performance of the Company. By their very nature, forward looking statements involve inherent risks and uncertainties, both general and specific and risks exist that the predictions, forecasts, projections and other forward looking statements may not be achieved.
Gammon Pakistan Ltd., does not undertake any obligation to update or revise any of statement / forecast / projection, whether as a result of new information, future events or otherwise.
When relying on forward looking statements you should carefully consider the political, economic, social and legal environment in which the Company operates.
Flow of the
3
Presentation
Economy and Construction Industry of Pakistan
Gammon Pakistan Ltd.
Brief History of the Company
Brief on Financial Results for the year 2021-2022
Future Outlook
Questions / Answers
Economy and Construction
4
Industry of Pakistan - Year
2021-2022
As the country reels from the worst flooding in history, Pakistan is facing a trifecta of challenges. In just one spell of monsoon in Pakistan, some 33 million people have been affected and at least 1500 have lost their lives including more than 500 children.
Estimates suggest that the floods have caused at least $10 billion in damages. The horrendous effects of these floods are yet to haunt us as there's a looming agriculture and energy crisis upon us. The annual inflation rate increased to 24.9% in July 2022 which was 9.74% in June 2020
The SBP weekly report released revealed that the country's total liquid foreign exchange reserves went down by $308 million (-2.1%) on September 23, 2022, to $13.76 billion, compared to $14.07 billion one week earlier. The SBP reserves decreased $8.005 billion, compared to $8.346 billion a week earlier. However, these reserves increased earlier only when, the central bank received a $1.2 billion tranche from the International Monetary Fund (IMF).
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Gammon Pakistan Ltd. published this content on 13 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 December 2022 08:54:07 UTC.
Gammon Pakistan Limited is a Pakistan-based construction company. The Company is principally engaged in the execution of civil construction works. The Company is engaged in all types of construction specially buildings and bridges. It specializes in concrete and structural works of docks, bridges, harbors, mills/factories, water towers, framed structures, heavy foundation work, and power houses in Pakistan and abroad. Its product types include commercial, residential and office buildings; educational and recreational buildings; sugar mills; cement factories, and bridges and roads. Its completed projects include Craneways, Karachi Shipyard and Engineering Works, Karachi; Pakistan Tobacco Factory Jhelum; Dawood Centre, Karachi; Finance And Trade Centre, Karachi; Repair Shop Complex Pakistan Steel,Bin Qasim; Sports Pavilion, Hyderabad; International School, Islamabad; Crescent Sugar Mills and Distillery, Faisalabad; Fauji Sugar Mill, Sangla Hill, and Bridge on River Indus at Khairabad.
GAMMON PAKISTAN LIMITED 
