Arctic Paper S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was PLN 1,402.14 million compared to PLN 889.66 million a year ago. Net income was PLN 221.85 million compared to PLN 36.84 million a year ago. Basic earnings per share from continuing operations was PLN 3.2 compared to PLN 0.53 a year ago. Diluted earnings per share from continuing operations was PLN 3.2 compared to PLN 0.53 a year ago.
For the nine months, revenue was PLN 3,809.18 million compared to PLN 2,459.03 million a year ago. Net income was PLN 558.4 million compared to PLN 84.31 million a year ago. Basic earnings per share from continuing operations was PLN 8.06 compared to PLN 1.22 a year ago. Diluted earnings per share from continuing operations was PLN 8.06 compared to PLN 1.22 a year ago.