Waves Corporation Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PKR 1,949.02 million compared to PKR 4,662.82 million a year ago. Revenue was PKR 1,602.57 million compared to PKR 3,844.37 million a year ago. Net income was PKR 135.31 million compared to PKR 281.06 million a year ago. Basic earnings per share from continuing operations was PKR 0.54 compared to PKR 1.18 a year ago.
For the six months, sales was PKR 3,584.9 million compared to PKR 8,712.98 million a year ago. Revenue was PKR 2,944.54 million compared to PKR 7,142.22 million a year ago. Net income was PKR 150.71 million compared to PKR 364.98 million a year ago. Basic earnings per share from continuing operations was PKR 0.6 compared to PKR 1.56 a year ago.