Alro S.A. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was RON 619.5 million compared to RON 1,033.53 million a year ago. Net income was RON 522.03 million compared to RON 50.92 million a year ago. Basic earnings per share from continuing operations was RON 0.731 compared to RON 0.071 a year ago. Diluted earnings per share from continuing operations was RON 0.731 compared to RON 0.071 a year ago.
For the full year, sales was RON 3,554.07 million compared to RON 3,499.96 million a year ago. Net income was RON 412.68 million compared to RON 26.43 million a year ago. Basic earnings per share from continuing operations was RON 0.578 compared to RON 0.037 a year ago.