Lahore: Waves Corporation Limited (WAVES) has released its financial results for the year ending December 31, 2024, following a Board of Directors meeting held on April 7, 2025. The company reported no cash dividend, bonus, rights, or any other entitlement for the period under review.

The company's audited consolidated and standalone financial results have been made available as Annexures A and B, respectively. These documents are part of the official communication to stakeholders. Waves Corporation Limited has announced that its annual report will be transmitted through the Pakistan Unified Corporate Action Reporting System (PUCARS) and will be accessible on the company's website at www.wavesnet.pk.

A significant decision made by the Board was the approval of the company's Annual Business Plan and Budget for the Financial Year 2025. This plan outlines the strategic direction and financial outlook for the upcoming year.

The Annual General Meeting (AGM) of the company is scheduled for April 30, 2025, at the company's registered office in Lahore. In preparation for this meeting, the company's share transfer books will be closed from April 24, 2025, to April 30, 2025, inclusive. A formal notice of the AGM, including necessary statements and reports, will be distributed in due course.

According to information available from the Pakistan Stock Exchange (PSX), Waves Corporation Limited's financial results are closely monitored by market participants under the designated market category. The company has instructed that this information be communicated to the TRE Certificate Holders of the PSX.