Avanceon Secures USD 6.3M Orders in Fuel Retail

AVNAvanceon LimitedAVN · Technology & communicationMaterial informationFiled Pakistan time

Summary

Avanceon wins USD 6.3M orders from major OMCs in Pakistan, enhancing its market position in fuel retail automation.

Kind of disclosure: Contract/Order win

Read the original filing

Key facts

USD 6.3M orders secured
USD 6.3M
Market share in automated fuel pump market
80%
Petroleum demand growth
10-20% YoY
Compliance with regulatory requirements
Necessary for project success
Immediate impact expected
Immediate

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Source: Avanceon Limited's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.