Petro Welt Technologies AG reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was EUR 14.72 million compared to EUR 7.68 million a year ago. Net loss was EUR 411.81 million compared to net income of EUR 2.93 million a year ago.

Basic loss per share was EUR 8.43 compared to basic earnings per share of EUR 0.06 a year ago. Diluted loss per share was EUR 8.43 compared to diluted earnings per share of EUR 0.06 a year ago.