Waves Home Appliances Ltd. Announces NIL Dividend Amid Financial Struggles

Lahore, Waves Home Appliances Ltd., listed since 1994, declared a NIL dividend for the year ending April 2024. The company’s daily weighted average rate was Rs. 8.33. Despite a paid-up capital of Rs. 44.24 million, Waves Home Appliances reported a low EPS of Rs. 0.18 and a turnover of 44.24 million units, indicating ongoing financial difficulties.

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Pakistan State Oil Reports Loss of Over 650 Shares

Karachi: Pakistan State Oil Company Limited (PSO) has reported the loss of share certificates totaling 657 shares, belonging to the deceased shareholder Mohammad Sharif Akhtar. This notification was made to the Pakistan Stock Exchange (PSX) as part of...

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