📊 Financial Report · WAVESAPP Waves Home Appliances Limited has released its half-yearly financial report for the period ended 30 June 2026, highlighting a modest growth in sales and profitability amidst challenging economic conditions.
- Net sales increased to PKR 2,033.74M, up 1.5% from PKR 2,003.67M in the same period last year.
- Gross profit decreased to PKR 512.70M from PKR 544.27M, reflecting margin pressures due to rising costs.
- Profit from operations rose significantly to PKR 599.49M, compared to PKR 523.25M, marking a 14.6% improvement.
- Profit for the period was PKR 161.02M, a 3.2% increase from PKR 156.03M year-on-year.
- Earnings per share improved to PKR 0.60 from PKR 0.58.
- The Board has not recommended any dividend payout due to the current economic climate.
- A rights issue of 56 shares for every 100 shares held is planned to raise up to PKR 1.5B for working capital and loan repayment.
- The rights issue subscription period is set to close on 21 September 2026.
About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange. A summary for information, not investment advice — the original filing is the authoritative record.
Original filing (PDF)