Borgestad ASA reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NOK 277.61 million compared to NOK 282.04 million a year ago. Revenue was NOK 286.17 million compared to NOK 290.67 million a year ago. Net income was NOK 3.13 million compared to net loss of NOK 3.13 million a year ago. Basic earnings per share from continuing operations was NOK 0.02 compared to basic loss per share from continuing operations of NOK 0.25 a year ago.
For the nine months, sales was NOK 703.07 million compared to NOK 673.46 million a year ago. Revenue was NOK 719.92 million compared to NOK 692.05 million a year ago. Net loss was NOK 26.61 million compared to NOK 30.88 million a year ago. Basic loss per share from continuing operations was NOK 0.17 compared to NOK 2.43 a year ago.