<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">WAVES conducted its corporate briefing session today, where
the company shed light on its current year financials and future outlook. To
recall, the company reported 9MCY21 earnings of PKR 238Mn (EPS: PKR 1.01) as
compared to PKR 82Mn (EPS: PKR 0.40) in the SPLY, resulting in growth of ~190%
YoY. Key highlights of the call are discussed below:</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The company generated revenue of PKR 8.4Bn in 9MCY21, as
compared to PKR 6.3Bn in the SPLY, resulting in a growth of 33% YoY. In terms
of individual segments, deep freezers contributed 39% to overall revenues, 32%
came from refrigerators while the remaining 29% from multi brands. Going
forward, the company expects 20-25% grow...
