Waves Homes Appliance Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PKR 1,025.19 million compared to PKR 1,562.36 million a year ago. Net income was PKR 25.73 million compared to PKR 20.57 million a year ago. Basic earnings per share from continuing operations was PKR 0.1 compared to PKR 0.08 a year ago.
For the nine months, sales was PKR 4,068.65 million compared to PKR 8,403.63 million a year ago. Net income was PKR 97.83 million compared to PKR 310.78 million a year ago. Basic earnings per share from continuing operations was PKR 0.37 compared to PKR 1.16 a year ago.