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Karachi, Waves Home Appliances Ltd (WAVESAPP), operating in the home appliance manufacturing sector, recorded challenges in 2023. The company’s today’s rate stood at PKR 8.67, slightly above its daily weighted average rate of PKR 8.33. WAVESAPP, with a paid-up capital of PKR 2,678.85 million, reported a negative EPS of PKR (0.70) for the period of January to November 2023. The company, listed since 1994, has not declared any distributions for the current year. WAVESAPP’s stock performance has been under pressure, with a high rate of PKR 4.01 recorded this year.
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