Waves Homes Appliance : Transmission of Quarterly Report for the Period Ended 31-03-2022

Condensed Interim Financial Statements

Three Months Ended 31 March 2022

Table of Contents
1.	CORPORATE INFORMATION...............................................................................................	3
2.	CORPORATE VALUE STATEMENTS .................................................................................	5
2.1	Vision & Mission......................................................................................................................	5
2.2	Core Values ..............................................................................................................................	5
3.	DIRECTORS' REPORT ...........................................................................................................	6
3.1	Operating Results ...................................................................................................................	6
3.2	Performance Overview ..........................................................................................................	7
3.3	Company's Future Outlook / Forward Looking Statements ........................................	7
3.4	Acknowledgements ................................................................................................................	8
4.	INTERIM FINANCIAL STATEMENTS - FIRST QUARTER 2022....................................	9

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WAVES HOME APPLIANCES LIMTIED (FORMERLY SAMIN TEXTILES LIMITED)

1. CORPORATE INFORMATION BOARD OF DIRECTORS*

1.	Mr. Muhammad Adnan Afaq	Chairman/Independent Director
2.	Mr. Shoaib Dastgir	Independent Director
3.	Mr. Khalid Azim	Non-Executive Director
4.	Mr. Hamza Ahmad Khan	Non-Executive Director
5.	Mr. Haroon Ahmad Khan	Chief Executive Officer
6.	Mrs. Nighat Haroon Khan	Non-Executive Director
7.	Mr. Moazzam Ahmad Khan	Non-Executive Director
AUDIT COMMITTEE*
1.	Mr. Shoaib Dastgir	Chairman/Independent Director
2.	Mr. Moazzam Ahmad Khan	Non-Executive Director
3.	Mr. Hamza Ahmad Khan	Non-Executive Director
4.	Mr. Tariq Majeed	Secretary
HR & REMUNERATION COMMTTEE*
1.	Mr. Shoaib Dastgir	Chairman/Independent Director
2.	Mr. Khalid Azim	Non-Executive Director
3.	Mr. Moazzam Ahmad Khan	Non-Executive Director
4.	Mr. Haroon Ahmad Khan	Executive Director
5.	Mr. Tariq Majeed	Secretary
CHIEF FINANCIAL OFFICER	COMPANY SECRETARY
Mr. Muhammad Usman	Mr. Tariq Majeed
HEAD OF INTERNAL AUDIT	LEGAL ADVISOR
Mr. Waleed Afzal	Law Wings Advocates & Solicitors
EXTERNAL AUDITORS	SHARES REGISTRAR & TRANSFER AGENTS
RSM Avais Hyder Liaqat Nauman	Corplink (Private) Limited
Chartered Accountants
H.No.136-B, Street 43, F/10, Islamabad

* New Board appointed on 02 August 2022

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WAVES HOME APPLIANCES LIMTIED (FORMERLY SAMIN TEXTILES LIMITED)

RESISTERED OFFICE	REGISTRATION NUMBER
9-KM Multan Road, Lahore	CUIN 20624
PH. No. 042-35415421-5,35421502-4
UAN: 042-111-31-32-33
BANKERS
Al Baraka Bank (Pakistan) Limited	National Bank of Pakistan
Askari Bank Limited	Pak Brunei Investment Company Limited
Bank Al Falah Limited	Pak Libya Holding Company Limited
Dubai Islamic Bank Pakistan Limited	Pak Oman Investment Company Limited
Faysal Bank Limited	Samba Bank Limited
First Prudential Modaraba	Silk Bank Limited
Habib Bank Limited	Sindh Bank Limited
Habib Metropolitan Bank Limited	The Bank of Khyber
Industrial & Commercial Bank of China	The Bank of Punjab

CONTACT INFORMATION

UAN: 042-111-31-32-33,042-35415421-5,042-35421502-4

Email:[e-mail],

Website:www.samintextile.com,www.waves.net.pk

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WAVES HOME APPLIANCES LIMTIED (FORMERLY SAMIN TEXTILES LIMITED)

2. CORPORATE VALUE STATEMENTS 2.1 Vision & Mission

Vision Statement

Mission Statement

• To be an innovative company that is driven by modern ideas, committed to constantly strive for surpassing customer expectations in Quality and Value for Money and to be a leading company engaged in home appliances and light engineering business in Pakistan.
• To inspire the Customers and Consumer with our innovative products & designs through R&D, improve the standard of life by offering high- quality products and services at affordable prices and create and reshape the Future.

2.2 Core Values

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