Pakistan ceramics maker halts multibillion-rupee expansion plan amid sector saturation

The Board of Directors of Frontier Ceramics Limited, a Pakistani manufacturer of ceramic tiles, has decided against pursuing new expansion projects, noting that the ceramics sector has reached a point of saturation where additional investments are unlikely to generate adequate returns for shareholders. The listed company disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Wednesday. “The Board of Directors of Frontier Ceramics Limited, in its meeting held on October 07, 2025, comprehensively reviewed the company’s future expansion plans in light of the prevailing market conditions. After detailed deliberation, the Board observed that the sector has attained a level of saturation where further investment in new projects would not yield adequate returns for shareholders,” read the notice.