Sappi Limited Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2024
For the six months, sales was USD 2,624 million compared to USD 3,102 million a year ago. Net loss was USD 97 million compared to net income of USD 259 million a year ago. Basic loss per share from continuing operations was USD 0.17 compared to basic earnings per share from continuing operations of USD 0.46 a year ago. Diluted loss per share from continuing operations was USD 0.17 compared to diluted earnings per share from continuing operations of USD 0.43 a year ago.