

* Returns not adjusted for payouts
Company Profile
Avanceon Limited was incorporated in Pakistan on 26 March 2003 as a private limited company which was converted to a public company on 31 March 2008 under the repealed Companies Ordinance, 1984.The principal activity of the Company is to trade in products of automation and control equipments and to provide related technical services.
Mr. Bakhtiar Hameed Wain | CEO |
Mr. Khalid Hameed Wain | Chairman |
Mr. Ahsan Khalil | Company Secretary |
FAMCO Associates (Pvt) Limited 8-F, Near Faran, Nursery, Block-6, P.E.C.H.S., Shahra-e-Faisal, Karachi
M/s BDO Ebrahim & Co. Chartered Accountants
December
Equity Profile
Announcements
Date | Title | Document |
---|---|---|
May 22, 2023 | Transmission of Annual Report for the Year Ended 31 December 2022 | View PDF |
May 3, 2023 | Extension for 30 (thirty) days in Filing of First Quarterly Accounts for the period ended 31 March 2023, U/S. 237 of the Companies Act, 2017 | View PDF |
Apr 28, 2023 | Financial Results for the Year Ended 31 December 2022 | View PDF |
Apr 26, 2023 | Applied for Extension in Period for Filing of Financial Statements for the first quarter ending 31 March 2023 to be laid thereon | View PDF |
Mar 22, 2023 | Applied for Extension for holding the AGM for the Year Ended 31 December 2022 | View PDF |
Nov 4, 2022 | Transmission of Quarterly Report for the Period Ended 30 September 2022 | View PDF |
Oct 28, 2022 | Financial Results for the Quarter Ended 30 September 2022 | View PDF |
Sep 8, 2022 | Transmission of Quarterly Report for the Period Ended 30 June 2022 | View PDF |
Aug 29, 2022 | Financial Results for the Quarter Ended 30 June 2022 | View PDF |
May 6, 2022 | Transmission of Quarterly Report for the Period Ended 31 March 2022 | View PDF |
May 6, 2022 | Transmission of Annual Report for the Year Ended 31 December 2021 | View PDF |
Date | Title | Document |
---|---|---|
May 22, 2023 | Board Meeting | View PDF |
May 8, 2023 | Notice of Annual General Meeting | View PDF |
Apr 28, 2023 | Board Meeting In Progress | View PDF |
Apr 19, 2023 | Board Meeting | View PDF |
Apr 11, 2023 | Board Meeting Other Than Financial Results | View PDF |
Apr 11, 2023 | Board Meeting Other Than Financial Results REVOKED | View PDF |
Mar 29, 2023 | Approval of Extension in Time for Holding the Annual General Meeting for the Year Ended 31 December 2022 | View PDF |
Oct 20, 2022 | Board Meeting | View PDF |
Oct 11, 2022 | Board Meeting Other Than Financial Results | View PDF |
Sep 29, 2022 | Board Meeting Other Than Financial Results | View PDF |
Aug 19, 2022 | Board Meeting | View PDF |
Date | Title | Document |
---|---|---|
May 22, 2023 | Notice of election of directors | View PDF |
May 22, 2023 | Publication of postal ballot and provision of electronic voting | View PDF |
May 4, 2023 | Corporate Analyst Briefing Session for Avanceon Limited and Octopus Digital Limited | View PDF |
Apr 28, 2023 | Board Resolution for Issue of Bonus Shares | View PDF |
Apr 17, 2023 | Material Information | View PDF |
Apr 13, 2023 | Material Information | View PDF |
Mar 21, 2023 | Material Information | View PDF |
Feb 27, 2023 | AVN | Avanceon Limited | |
Feb 9, 2023 | Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations | View PDF |
Feb 6, 2023 | Enhancement of Paid-up Capital Issuance of shares under Employees Share Option Schemes 2013, 2016, 2018 &2019. | View PDF |
Jan 19, 2023 | Material Information | View PDF |
Jan 11, 2023 | Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations | View PDF |
Financials
All numbers in thousands (000's) except EPS
2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|
Sales | 1,864,524 | 1,835,213 | 1,426,147 | 1,340,450 |
Profit after Taxation | 1,736,812 | 1,021,110 | 673,839 | 653,870 |
EPS | 5.33 | 3.14 | 3.18 | 3.01 |
Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | |
---|---|---|---|---|
Sales | 414,709 | 484,065 | 401,983 | 416,456 |
Profit after Taxation | 948,330 | 511,039 | 326,869 | 406,786 |
EPS | 3.23 | 1.76 | 1.27 | 1.39 |

Ratios
2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|
Gross Profit Margin (%) | 29.97 | 32.73 | 39.57 | 40.25 |
Net Profit Margin (%) | 93.15 | 55.64 | 47.25 | 48.78 |
EPS Growth (%) | 69.75 | (1.26) | 5.65 | (29.01) |
PEG | 0.18 | (23.07) | 5.17 | (0.26) |
Payouts
Date | Financial Results | Details | Book Closure |
---|---|---|---|
April 28, 2023 4:54 PM | 31/12/2022(YR) | 15% (B) | 22/05/2023 - 29/05/2023 |
April 4, 2022 2:36 PM | 31/12/2021(YR) | 10% (F) (D) - 25% (B) | 22/04/2022 - 29/04/2022 |
April 21, 2021 2:20 PM | 31/12/2020(YR) | 10% (D) - 20% (B) | 29/05/2021 - 04/06/2021 |
April 27, 2020 2:14 PM | 31/12/2019(YR) | 10% (B) | 22/05/2020 - 29/05/2020 |
March 29, 2019 4:18 PM | 31/12/2018(YR) | 40% (B) | 18/04/2019 - 25/04/2019 |
March 21, 2018 12:18 PM | 31/12/2017(YR) | 22.50% (D) | 17/04/2018 - 24/04/2018 |
March 21, 2017 1:24 PM | 31/12/2016(YR) | 10% (D) - 25% (B) | 18/04/2017 - 25/04/2017 |
March 24, 2016 3:33 PM | 31/12/2015(YR) | 20% (D) | 14/04/2016 - 21/04/2016 |
March 6, 2015 3:02 PM | 31/12/2014(YR) | 22.5% (D) | 08/04/2015 - 15/04/2015 |
March 17, 2014 9:26 AM | 31/12/2013(YR) | 20% (D) - 5% (B) | - |