Avanceon Limited announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was PKR 968.406 million compared to PKR 697.083 million a year ago. Operating income was PKR 412.268 million compared to PKR 174.397 million a year ago. Net income was PKR 384.965 million compared to PKR 147.323 million a year ago. Basic earnings per share was PKR 2 compared to PKR 0.77 a year ago. Diluted earnings per share was PKR 1.95 compared to PKR 0.74 a year ago.