Vilniaus Baldai AB Reports Earnings Results for the Second Quarter and Six Months Ended February 28, 2023
March 31, 2023 at 03:01 pm EDT
Vilniaus Baldai AB reported earnings results for the second quarter and six months ended February 28, 2023. For the second quarter, the company reported sales was EUR 20.43 million compared to EUR 22.93 million a year ago. Net loss was EUR 1.47 million compared to net income of EUR 8.71 million a year ago. Basic loss per share from continuing operations was EUR 0.38 compared to basic earnings per share from continuing operations of EUR 2.24 a year ago.
For the six months, sales was EUR 48.87 million compared to EUR 49.78 million a year ago. Net loss was EUR 2.05 million compared to net income of EUR 6.81 million a year ago. Basic loss per share from continuing operations was EUR 0.53 compared to basic earnings per share from continuing operations of EUR 1.75 a year ago.