Avanceon Limited Reports Significant EPS Increase, Announces Dividend

Karachi, Avanceon Limited, another key player in the technology sector, has announced a 15% bonus share distribution to its shareholders. The company’s shares witnessed a high of 61.2 RS and a low of 46.11 RS, with a turnover exceeding 52 million shares. Since its listing in 2014, Avanceon has demonstrated robust financial health with a daily weighted average rate of 54.44 RS. The notable highlight from the announcement was the company’s EPS of 5.33 RS for the year ending December 2023.

Check Also

Pakistan Stock Exchange Witnesses Bullish Trend

Islamabad: Pakistan Stock Exchange (PSX) continues to witness a bullish trend during the trading today, showing an increase of over eighteen hundred and sixty points in the Hundred Index. According to Radio Pakistan, the Hundred Index that closed at ...