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Avanceon Ltd (AVAN)

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58.43 -1.65    -2.75%
26/04 - Closed. Currency in PKR ( Disclaimer )
Type:  Equity
Market:  Pakistan
ISIN:  PK0107501014 
S/N:  AVN
  • Volume: 2,381,126
  • Bid/Ask: 58.30 / 58.43
  • Day's Range: 58.20 - 60.49
Avanceon 58.43 -1.65 -2.75%

PSX:AVAN Financials

 
A brief overview of the PSX:AVAN financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of Avanceon Ltd over time.

Avanceon Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PKR 4,706.08 million compared to PKR 979.57 million a year ago. Net income was PKR 412.02 million compared to PKR 531.75 million a year ago. Basic earnings per share from continuing operations was PKR 1.25 compared to PKR 1.67 a year ago. Diluted earnings per share from continuing operations was PKR 1.24 compared to PKR 1.65 a year ago.For the six months, sales was PKR 5,904.37 million compared to PKR 2,309.21 million a year ago. Net income was PKR 1,100.56 million compared to PKR 871.25 million a year ago. Basic earnings per share from continuing operations was PKR 3.29 compared to PKR 2.6 a year ago. Diluted earnings per share from continuing operations was PKR 3.24 compared to PKR 2.57 a year ago.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

AVAN Income Statement

Gross margin TTM 27.74%
Operating margin TTM 15.68%
Net Profit margin TTM 20.04%
Return on Investment TTM 12.27%
 Total Revenue  Net Income
Period Ending: Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022
Total Revenue 2244.26 4706.08 1198.29 4924.86
Gross Profit 675.03 1462.95 246.58 1242.13
Operating Income 472.69 856.13 479.17
Net Income 272.46 412.02 688.54 245.57

AVAN Balance Sheet

Quick Ratio MRQ 1.6
Current Ratio MRQ 1.86
LT Debt to Equity MRQ 0.91%
Total Debt to Equity MRQ 11.52%
 Total Assets  Total Liabilities
Period Ending: Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022
Total Assets 25970.92 20845.19
Total Liabilities 11397.65 10932.77 9271.49
Total Equity 15038.16 11573.7 11573.7

AVAN Cash Flow Statement

Cash Flow/Share TTM 0.3
Revenue/Share TTM 31.58
Operating Cash Flow  -
 Cash  Net Change in Cash
Period Ending: Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities -258.81 217.45
Cash From Investing Activities -73.52
Cash From Financing Activities 404.46 184.66
Net Change in Cash 160.94 328.58
* In Millions of PKR (except for per share items)
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AVAN Comments

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Shabir Ahmad
Shabir Ahmad Apr 10, 2024 10:43PM ET
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2 rupee dividend & 10% bonus shares announced.
MAMONA Islam
MAMONA Islam Sep 04, 2023 5:50AM ET
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How can I buy/sell ODD number shares for AVN?
Haseeb Baig
Haseeb Baig Sep 04, 2023 5:50AM ET
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in your app when you are adding AVN share select AVN ODL instead of AVN REG
Haseeb Baig
Haseeb Baig Sep 04, 2023 5:50AM ET
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Haseeb Baig in your market watch section
Haseeb Baig
Haseeb Baig Sep 04, 2023 5:50AM ET
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Haseeb Baig this is 'odd lot' so there's no fix size of lots
Raheel Qasim
Raheel Qasim Jul 16, 2023 9:01AM ET
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Rs 50 to 52 is good buying area for holding of 2 to 3 months. Target is Rs 65 plus.
DAWOOD AHMED
DAWOOD AHMED Jul 16, 2023 9:01AM ET
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good to hold
Syed Atif
Syed Atif Jul 05, 2023 1:59PM ET
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10 million dollor project won ✈️✈️✈️
Syed Atif
Syed Atif Jun 30, 2023 3:34PM ET
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✈️✈️✈️
Muhammad Khan
Muhammad Khan Mar 09, 2023 6:56AM ET
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target 🎯 price?
Abdullah Hasan
Abdullah Hasan Oct 17, 2022 4:59PM ET
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what strategy should I Availability in AVN FOR SHORT TERM DO YOU PEOPLE SUGGEST?
Asif Ejaz
Asif Ejaz May 04, 2022 8:28PM ET
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AVn at bottom price with stoploss 79, target 94 ,exit 90
Wahid Abdul
Wahid Abdul Apr 19, 2022 4:18PM ET
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what is the fair value if avn to make fresh entry ?
Abdul Basit
Abdul Basit Apr 19, 2022 4:18PM ET
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72-76
Wahid Abdul
Wahid Abdul Apr 19, 2022 2:36PM ET
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long term ka kia view hay avn ka?
Abdul Basit
Abdul Basit Apr 19, 2022 2:36PM ET
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Long term 110 in 6 months
 
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