Waves Homes Appliance Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PKR 1,562.36 million compared to PKR 33.26 million a year ago. Net income was PKR 20.57 million compared to PKR 1.08 million a year ago. Basic earnings per share from continuing operations was PKR 0.08. Diluted earnings per share from continuing operations was PKR 0.08.
For the nine months, sales was PKR 8,403.63 million compared to PKR 33.26 million a year ago. Net income was PKR 310.78 million compared to net loss of PKR 8.42 million a year ago. Basic earnings per share from continuing operations was PKR 1.16 compared to basic loss per share from continuing operations of PKR 0.03 a year ago. Diluted earnings per share from continuing operations was PKR 1.16 compared to diluted loss per share from continuing operations of PKR 0.03 a year ago.