Norske Skogindustrier ASA reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was NOK 3,822 million compared to NOK 2,182 million a year ago. Revenue was NOK 3,937 million compared to NOK 2,346 million a year ago. Net income was NOK 935 million compared to net loss of NOK 355 million a year ago. Basic earnings per share from continuing operations was NOK 9.92 compared to basic loss per share from continuing operations of NOK 3.77 a year ago. Diluted earnings per share from continuing operations was NOK 9.92 compared to diluted loss per share from continuing operations of NOK 3.77 a year ago.
For the six months, sales was NOK 7,148 million compared to NOK 4,337 million a year ago. Revenue was NOK 7,527 million compared to NOK 4,580 million a year ago. Net income was NOK 1,518 million compared to net loss of NOK 161 million a year ago. Basic earnings per share from continuing operations was NOK 16.1 compared to basic loss per share from continuing operations of NOK 1.71 a year ago. Diluted earnings per share from continuing operations was NOK 16.1 compared to diluted loss per share from continuing operations of NOK 1.71 a year ago.