Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Dec'18
Net Sales
3,944.76
5,206.33
9,938.67
10,439.01
8,525.48
9,483.97
8,516.02
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
3,944.76
5,206.33
9,938.67
10,439.01
8,525.48
9,483.97
8,516.02
Raw Material Cost
2,876.50
3,988.84
8,208.60
8,430.66
6,969.74
7,121.58
6,275.08
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
614.24
698.52
1,213.71
1,306.28
1,105.50
1,090.96
1,072.08
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
699.10
264.43
392.45
704.85
879.70
867.85
425.75
Selling and Distribution Expenses
921.96
890.66
1,305.06
1,347.62
1,111.56
1,173.59
1,364.62
Other Expenses
-131.33
-95.59
-159.77
-200.33
-197.96
-195.47
-149.42
Total Expenditure (Excl Depreciation)
3,798.46
4,886.56
9,522.11
9,786.09
8,086.91
8,299.27
7,643.33
Operating Profit (PBDIT) excl Other Income
146.3
319.8
416.59999999999997
652.9000000000001
438.6
1184.7
872.6999999999999
Other Income
1,213.67
271.39
351.15
396.89
299.16
171.87
117.22
Operating Profit (PBDIT)
1,645.12
874.21
1,162.27
1,519.54
1,520.25
1,849.95
1,155.97
Interest
699.10
264.43
392.45
704.85
879.70
867.85
425.75
Exceptional Items
467.05
1.54
0.00
121.67
61.51
9.06
14.30
Gross Profit (PBDT)
1,068.26
1,217.48
1,730.07
2,008.35
1,555.74
2,362.39
2,240.94
Depreciation
323.67
363.06
382.23
421.22
432.86
369.55
234.01
Profit Before Tax
1,089.40
248.25
387.59
515.14
269.21
621.61
510.51
Tax
2.00
-8.53
21.50
187.25
141.74
243.31
128.43
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
1,046.41
226.69
351.39
318.62
127.47
378.30
382.07
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
1,046.41
226.69
351.39
318.62
127.47
378.30
382.07
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
40.99
30.09
14.70
9.27
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
1,087.39
256.78
366.09
327.89
127.47
378.30
382.07
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
9,636.07
9,397.56
9,073.96
8,725.00
8,460.42
8,340.00
8,389.12
Earnings per share (EPS)
3.72
0.81
1.25
1.13
0.6
1.77
1.79
Diluted Earnings per share
3.72
0.81
1.25
1.13
0.6
1.77
1.79
Operating Profit Margin (Excl OI)
2.73%
4.61%
4.32%
6.72%
9.25%
13.8%
9.45%
Gross Profit Margin
35.82%
11.74%
7.75%
8.97%
8.23%
10.45%
8.74%
PAT Margin
26.53%
4.35%
3.54%
3.05%
1.5%
3.99%
4.49%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2024 is -24.23% vs -47.62% in Dec 2023
Consolidate Net Profit
YoY Growth in year ended Dec 2024 is 323.44% vs -29.86% in Dec 2023
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2024 is -28.43% vs -25.68% in Dec 2023
Interest
YoY Growth in year ended Dec 2024 is 164.41% vs -32.64% in Dec 2023
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2024 has fallen from Dec 2023
Compare Annual Results Of Waves Corp. Ltd. With
Figures in Million
Consolidate Annual Results
Change(PKR)
Change(%)
Net Sales
3,944.76
53,105.79
-49,161.03
-92.57%
Other Operating Income
0.00
0.00
0.00
Total Operating income
3,944.76
53,105.79
-49,161.03
-92.57%
Raw Material Cost
2,876.50
39,236.31
-36,359.81
-92.67%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
614.24
2,683.70
-2,069.46
-77.11%
Power Cost
0
0
0.00
Manufacturing Expenses
699.10
3,665.28
-2,966.18
-80.93%
Selling and Distribution Expenses
921.96
5,583.65
-4,661.69
-83.49%
Other Expenses
-131.33
-631.27
499.94
79.20%
Total Expenditure (Excl Depreciation)
3,798.46
44,856.28
-41,057.82
-91.53%
Operating Profit (PBDIT) excl Other Income
146.30
8,249.51
-8,103.21
-98.23%
Other Income
1,213.67
-51.16
1,264.83
2,472.30%
Operating Profit (PBDIT)
1,645.12
9,102.77
-7,457.65
-81.93%
Interest
699.10
3,665.28
-2,966.18
-80.93%
Exceptional Items
467.05
24.68
442.37
1,792.42%
Gross Profit (PBDT)
1,068.26
13,869.48
-12,801.22
-92.30%
Depreciation
323.67
1,325.66
-1,001.99
-75.58%
Profit Before Tax
1,089.40
4,136.51
-3,047.11
-73.66%
Tax
2.00
1,765.29
-1,763.29
-99.89%
Provisions and contingencies
0
0
0.00
Profit After Tax
1,046.41
2,367.07
-1,320.66
-55.79%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
1,046.41
2,367.07
-1,320.66
-55.79%
Share in Profit of Associates
0
0
0.00
Minority Interest
40.99
0.00
40.99
Other related items
0.00
0.00
0.00
Consolidated Net Profit
1,087.39
2,367.07
-1,279.68
-54.06%
Equity Capital
0
0
0.00
Face Value
10.00
10.00
0.00
Reserves
9,636.07
43,315.39
-33,679.32
-77.75%
Earnings per share (EPS)
3.72
2.72
1.00
36.76%
Diluted Earnings per share
3.72
2.72
1.00
36.76%
Operating Profit Margin (Excl OI)
2.73%
14.74%
0.00
-12.01%
Gross Profit Margin
35.82%
10.29%
0.00
25.53%
PAT Margin
26.53%
4.46%
0.00
22.07%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 394.48 Million
in Dec 2024Figures in Million
YoY Growth in year ended Dec 2024 is -24.23% vs -47.62% in Dec 2023
Annual - Consolidate Net Profit
Consolidate Net Profit 108.74 Million
in Dec 2024Figures in Million
YoY Growth in year ended Dec 2024 is 323.44% vs -29.86% in Dec 2023
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 43.14 Million
in Dec 2024Figures in Million
YoY Growth in year ended Dec 2024 is -28.43% vs -25.68% in Dec 2023
Annual - Interest
Interest 69.91 Million
in Dec 2024Figures in Million
YoY Growth in year ended Dec 2024 is 164.41% vs -32.64% in Dec 2023
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 2.73%
in Dec 2024Figures in %
YoY Growth in year ended Dec 2024 has fallen from Dec 2023






