Norske Skogindustrier 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 3,541 million compared to NOK 2,532 million a year ago. Revenue was NOK 3,630 million compared to NOK 2,642 million a year ago. Net loss was NOK 11 million compared to NOK 602 million a year ago. Basic loss per share from continuing operations was NOK 0.12 compared to NOK 6.38 a year ago. Diluted loss per share from continuing operations was NOK 0.12 compared to NOK 6.38 a year ago.
For the nine months, sales was NOK 10,688 million compared to NOK 6,868 million a year ago. Revenue was NOK 11,157 million compared to NOK 7,222 million a year ago. Net income was NOK 1,507 million compared to net loss of NOK 763 million a year ago. Basic earnings per share from continuing operations was NOK 15.98 compared to basic loss per share from continuing operations of NOK 8.1 a year ago. Diluted earnings per share from continuing operations was NOK 15.98 compared to diluted loss per share from continuing operations of NOK 8.1 a year ago.