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Lahore, Avanceon Limited, a leading technology and communication company, has disclosed its financial performance for the first two months of 2024. The company’s earnings per share surged to Rs 5.33, marking a substantial increase and highlighting its robust financial health. Avanceon’s share price peaked at Rs 51.66, backed by a paid-up capital of Rs 3,772.93 million. Furthermore, the company announced a 15% bonus share distribution to its shareholders. The latest financial results, coupled with the dividend announcement, underline Avanceon’s growth trajectory since its listing in 2014. The record date for the dividend distribution is set for May 22.
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