Avanceon Limited Announces Robust Earnings and Dividend for 2022/2023

Karachi, Avanceon Limited (Symbol: AVN), a key player in the technology sector, reported a daily weighted average rate of Rs. 51.42 and a paid-up capital of Rs. 3,772.93 million for the year ending in December. The company declared a 15% cash dividend, with an EPS of Rs. 5.33* for 2022/2023. The share price moved between Rs. 61.2 and Rs. 49.75 with a turnover of 23,593,553. Since its listing in 2014, Avanceon has consistently delivered strong financial performance, showcasing its leadership in the industry.