Norske Skogindustrier ASA reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was NOK 3,171 million compared to NOK 3,326 million a year ago. Revenue was NOK 3,320 million compared to NOK 3,590 million a year ago.

Net loss was NOK 181 million compared to net income of NOK 583 million a year ago. Basic loss per share from continuing operations was NOK 1.91 compared to basic earnings per share from continuing operations of NOK 6.18 a year ago. Diluted loss per share from continuing operations was NOK 1.91 compared to diluted earnings per share from continuing operations of NOK 6.18 a year ago.