AB Pieno Zvaigzdes reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 54.88 million compared to EUR 55.43 million a year ago. Net income was EUR 5.12 million compared to net loss of EUR 1.81 million a year ago. Basic earnings per share from continuing operations was EUR 0.11 compared to basic loss per share from continuing operations of EUR 0.04 a year ago.
For the nine months, sales was EUR 153.01 million compared to EUR 157.17 million a year ago. Net income was EUR 12.58 million compared to net loss of EUR 2.62 million a year ago. Basic earnings per share from continuing operations was EUR 0.28 compared to basic loss per share from continuing operations of EUR 0.06 a year ago.