Avanceon Limited announces Financial Results for the year ending 31st December, 2017

News Image

MG News | March 21, 2018 at 01:05 PM GMT+05:00

0:00

Avanceon Ltd. announced financial results for the year ending December 31st, 2017. The company reported Net Sales worth Rs. 1.260 billion during the year against Rs. 903.014 million same period last year; up 39.60 percent from last year.

Nimir Industries Ltd. reported bottom-line profits worth Rs. 462.108 million with a basic EPS of 3.50/share.

Comparison of Key Financials

Unconsolidated Profit and Loss Account - For the Half Year Ended, December 31st 2017

Key Financials

2017

2016

% Change
 

Amounts in PKR ‘000

Sales

1,260,594

903,014

39.60%

Gross Profit

481,588

369,536

30.32%

Profit before Taxation

496,691

367,274

35.24%

Profit after Taxation

462,108

313,038

47.62%

EPS - Basic

3.50

2.37

47.68%

Eps – Diluted

3.30

2.25

46.67%

The company release on the financial results can be accessed here.

Related News

News
FFC announces Half-Yearly Financial Results for the year 2025
News
PSX Closing Bell: You Can’t Always Get What You Want
News
CCP resolves 223 cases, recovers Rs360m
Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M 		0.32%
447.43
ALLSHR 85,702.96
423.92M 		0.15%
131.52
KSE30 42,254.84
82.09M 		0.43%
180.24
KMI30 194,109.59
84.37M 		0.15%
281.36
KMIALLSHR 56,713.67
217.03M 		0.03%
16.37
BKTi 37,831.34
13.04M 		1.62%
603.62
OGTi 27,440.63
3.93M 		-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,805.00 119,740.00
116,460.00 		-490.00
-0.41%
BRENT CRUDE 73.47 73.63
71.75 		0.96
1.32%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00 		2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50 		-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50 		0.00
0.00%
CRUDE OIL - WTI 70.30 70.51
68.45 		1.09
1.57%
SUGAR #11 WORLD 16.46 16.58
16.37 		-0.13
-0.78%
Chart of the Day
Latest News
July 30, 2025 at 09:36 PM GMT+05:00

Pakistan advances into the era of digital economy

July 30, 2025 at 05:54 PM GMT+05:00

Pakistan BCI decreased by 1.2 points in July

July 30, 2025 at 05:17 PM GMT+05:00

Pakistan consumer confidence falls to 40.1 points in July

Top 5 things to watch in this week
MPC Decision
CPI
Trade Balance
Monetary Aggregates (M3) - Monthly Profile
Consumer Confidence Survey
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg