Advanced Soltech Sweden AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 54.05 million compared to SEK 54.7 million a year ago. Revenue was SEK 65.71 million compared to SEK 72.49 million a year ago. Net income was SEK 3.91 million compared to SEK 20.56 million a year ago. Basic earnings per share from continuing operations was SEK 0.08 compared to SEK 0.52 a year ago. Diluted earnings per share from continuing operations was SEK 0.07 compared to SEK 0.49 a year ago.
For the nine months, sales was SEK 140.22 million compared to SEK 126.5 million a year ago. Revenue was SEK 171.9 million compared to SEK 163.76 million a year ago. Net loss was SEK 69.65 million compared to net income of SEK 36.2 million a year ago. Basic loss per share from continuing operations was SEK 1.6 compared to basic earnings per share from continuing operations of SEK 0.93 a year ago. Diluted loss per share from continuing operations was SEK 1.6 compared to diluted earnings per share from continuing operations of SEK 0.88 a year ago.