📊 Financial Report · WAVESAPP Waves Home Appliances Limited has released its half-yearly financial report for the period ended 30 June 2026, highlighting a modest increase in net sales and profitability amid challenging economic conditions.
- Net sales rose 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 higher costs.
- Profit from operations improved significantly to PKR 599.49M, up 14.6% from PKR 523.25M.
- Profit for the period increased to PKR 161.02M, compared to PKR 156.03M, marking a 3.2% rise.
- Earnings per share (EPS) improved to PKR 0.60 from PKR 0.58.
- The Board has not recommended any dividend payout due to the current economic challenges.
- 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 from 27 August 2026 to 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)