Avanceon Ltd. profit for 9MFY18 rises 45.09% to Rs. 329 million

07:34
October 26, 2017
MG

Avanceon Ltd. sales for the period increased by 20.44%, amounting to a total of 747 million Rupees during the nine months ended September, 30^th 2017
Company’s Gross Profit increased by 18.75% to reach 326 million
The Profit after tax for the period increased by 45.09% reaching 329 million against last year’s profit of 226 million Rupees.
The company’s earnings per share – basic reached 2.49 rupees in the last nine months vs 2.4 in 2016

Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Nine Months Ended, September 30^th 2017
Key Financials	2017	2016	% Change
	Amounts in PKR ‘000
Sales	747,513	620,633	20.44%
Cost of Sales	420,685	345,403	21.80%
Gross Profit/(loss)	326,827	275,230	18.75%
Admin and Selling Expenses	103,939	96,436	7.78%
Other Operating Expenses	2,888	3,162	-8.67%
Other operating income	122,013	83,422	46.26%
Profit/(loss) from Operations	342,015	259,053	32.03%
Finance Costs	21,664	12,900	67.94%
Profit/(Loss) before tax	320,350	246,154	30.14%
Taxation	8,880	19,238	-53.84%
Profit/(Loss) for the year from operations	329,230	226,916	45.09%
EPS – Basic	2.49	2.15	15.81%
EPS – Diluted	2.40	2.05	17.07%

Company release on Earnings Report can be accessed here.

Posted on: 2017-10-26T12:34:00+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.30000	278.50000	278.50000	278.30000	03:02 PM
2	EUR	1.07020	1.07050	1.07050	1.07020	05:15 PM
3	GBP	1.24477	1.24529	1.24529	1.24477	05:15 PM
4	CHF	0.91160	0.91200	0.91200	0.91160	05:15 PM
5	JPY	154.79700	154.81800	154.81800	154.79700	05:15 PM
6	CAD	1.36603	1.36633	1.36633	1.36603	05:15 PM
7	AUD	0.64863	0.64905	0.64905	0.64863	05:15 PM
8	INR	83.28350	83.28400	83.28400	83.28350	05:13 PM
9	SAR	3.75070	3.75090	3.75090	3.75070	02:15 AM
10	AED	3.67210	3.67310	3.67310	3.67210	11:58 PM
11	HKD	7.83358	7.83584	7.83584	7.83358	05:15 PM
12	CNH	7.25966	7.25974	7.25974	7.25966	05:14 PM
13	CNY	7.24480	7.24570	7.24570	7.24480	11:52 PM
14	THB	36.94000	36.96000	36.96000	36.94000	05:15 PM
15	MYR	4.77750	4.78250	4.78250	4.77750	05:42 AM
16	IDR	16,128.80000	16,156.70000	16,156.70000	16,128.80000	05:14 PM
17	SGD	1.36040	1.36140	1.36108	1.36040	05:15 PM
18	NZD	0.59308	0.59352	0.59352	0.59308	05:14 PM
19	MXN	16.94210	16.97190	16.97190	16.94210	05:15 PM
20	TRY	32.54380	32.55380	32.55380	32.54380	05:15 PM
21	SEK	10.80820	10.81740	10.81740	10.80820	05:15 PM
22	ZAR	19.10750	19.13840	19.13841	19.10747	05:15 PM
23	NOK	10.72700	11.09840	11.09844	10.72700	05:15 PM
24	DKK	6.96910	6.97010	6.97010	6.96910	05:15 PM
25	ARS	872.76900	872.77900	872.77850	872.76850	05:15 PM
26	BDT	107.93300	111.30800	111.30797	107.93329	07:19 AM
27	BHD	0.37698	0.37703	0.37703	0.37698	02:14 AM
28	BRL	5.12630	5.12930	5.12930	5.12630	05:15 PM
29	KRW	1,373.04000	1,374.26000	1,374.26000	1,373.04000	05:14 PM
30	KWD	0.30799	0.30809	0.30809	0.30799	12:44 AM
31	LKR	296.61500	303.17700	303.17688	296.61502	07:19 AM
32	OMR	0.38498	0.38502	0.38502	0.38498	02:00 AM
33	QAR	3.64600	3.64900	3.64900	3.64600	02:14 AM
34	RUB	93.47000	94.07000	94.07000	93.47000	11:55 AM
35	AFN	70.00000	73.00000	73.00000	70.00000	11:54 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:38 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	11:55 AM
38	MVR	15.26000	15.66000	15.66000	15.26000	11:54 AM
39	UZS	12,690.00000	12,770.00000	12,770.00000	12,690.00000	11:55 AM
40	PHP	57.28500	57.48500	57.48500	57.28500	05:14 PM
42	NGN	1,233.00000	1,234.00000	1,234.00000	1,233.00000	11:55 AM
43	KES	133.00000	135.00000	135.00000	133.00000	11:54 AM
44	AMD	390.04000	390.04000	390.04000	390.04000	07:57 AM
45	TWD	32.54100	32.57100	32.57100	32.54100	05:15 PM
46	XAU	2,321.90000	2,322.40000	2,322.40000	2,321.90000	05:13 PM
47	XAG	27.28910	27.31040	27.31040	27.28910	05:13 PM
48	XPT	907.64700	917.15300	917.15290	907.64710	02:00 AM
49	XPD	1,019.06000	1,025.94000	1,025.94200	1,019.05790	02:00 AM
2,120	VES	36.26120	36.34220	36.34216	36.26125	11:55 AM
2,212	UGX	3,769.29000	3,853.65000	3,853.65305	3,769.28701	07:19 AM
2,213	TZS	2,594.99000	2,595.01000	2,595.01500	2,594.98500	07:16 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	71,846.64	71,359.405	71,338.43	-74.056	-0.104	383,445,458.0	14,889,881,592.600	23/04/2024 04:13 PM
ALLSHR	47,130.64	46,865.873	46,836.87	-98.781	-0.210	652,962,508.0	24,431,501,771.190	23/04/2024 04:13 PM
KSE30	23,685.35	23,566.856	23,534.69	0.501	0.002	105,787,553.0	9,001,534,258.600	23/04/2024 04:13 PM
KMI30	120,645.96	119,675.932	119,552.66	77.916	0.065	170,342,506.0	8,837,506,407.860	23/04/2024 04:13 PM
KMIALLSHR	33,523.95	33,318.567	33,318.59	-47.008	-0.141	508,418,986.0	19,702,328,669.270	23/04/2024 04:13 PM
BKTi	17,962.81	17,852.482	17,760.93	-63.214	-0.353	24,348,778.0	2,523,701,350.410	23/04/2024 04:13 PM
OGTi	17,099.54	16,869.074	16,809.71	-50.514	-0.299	6,409,607.0	961,700,948.010	23/04/2024 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	66,250.0	67,340.0	65,795.0	-360.00
BRENT CRUDE	EB	88.5	88.5	86.0	1.48
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-2.10
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	1.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	83.4	83.4	80.9	1.50
SUGAR #11 WORLD	SB	19.6	19.8	19.5	0.02

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Avanceon Ltd. profit for 9MFY18 rises 45.09% to Rs. 329 million

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