Orrön Energy AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 01:30 am EST
Orrön Energy AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 2.3 million compared to EUR 2.5 million a year ago. Net loss was EUR 7.7 million compared to net income of EUR 3 million a year ago. Basic loss per share from continuing operations was EUR 0.03 compared to basic earnings per share from continuing operations of EUR 0.01 a year ago. Diluted loss per share from continuing operations was EUR 0.03 compared to diluted earnings per share from continuing operations of EUR 0.01 a year ago.
For the nine months, sales was EUR 19.6 million compared to EUR 2.5 million a year ago. Net loss was EUR 15.9 million compared to net income of EUR 12,849.9 million a year ago. Basic loss per share from continuing operations was EUR 0.05 compared to basic earnings per share from continuing operations of EUR 0.09 a year ago. Diluted loss per share from continuing operations was EUR 0.05 compared to diluted earnings per share from continuing operations of EUR 0.09 a year ago.