Waves Corporation Pakistan Reports Modest EPS amidst Market Dynamics

Karachi, Waves Corporation Pakistan, a key player in the cable and electrical goods sector, disclosed its financial results for the January-March 2024 quarter, marking an earnings per share (EPS) of Rs. 6.5. With a listing date back to 1985, the company showed resilience in a challenging market, with its share price modestly placed at Rs. 7.45. The paid-up capital stands at Rs. 2,814.06 million, illustrating the company’s substantial size and operational scale. Despite not announcing dividends for this period, Waves Corporation continues to navigate through the competitive landscape with diligence.