Avanceon Limited has reported its financial results for the third quarter ended September 30, 2026, revealing a significant loss compared to the previous year.
- Reporting Period: 3rd Quarter ended September 30, 2026 (Un-audited)
- Revenue: PKR 11,872.36M (+60.5% YoY)
- Gross Profit: PKR 2,252.52M (+13.7% YoY)
- Operating Loss: PKR 560.53M (vs. Profit of PKR 209.62M YoY)
- Finance Cost: PKR 436.38M (+24.4% YoY)
- Net Loss: PKR 1,085.23M (vs. Loss of PKR 149.15M YoY)
- EPS: PKR -2.53 (vs. PKR -0.36 YoY)
- No dividend, bonus shares, or other entitlements announced.
- The primary driver of the loss was increased administrative expenses and finance costs, despite higher revenues.