Earnings Report /
Pakistan

Avanceon Ltd: 3QCY21 preview – elevated topline and exchange gain will lift earnings

  • AVN is expected to post consolidated NPAT of PKR667mn (EPS: PKR2.60) for 3QCY21, up 109% yoy and 176% qoq.

  • Net sales are expected to rise 52% yoy and 123% qoq to PKR2.46bn, led by higher flows of orders

  • Other income is likely to increase to PKR276mn amid higher exchange gains

Intermarket Securities
27 October 2021