Arctic Paper S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was PLN 854.81 million compared to PLN 1,402.14 million a year ago. Net income was PLN 51.52 million compared to PLN 221.85 million a year ago. Basic earnings per share from continuing operations was PLN 0.74 compared to PLN 3.2 a year ago. Diluted earnings per share from continuing operations was PLN 0.74 compared to PLN 3.2 a year ago.
For the nine months, revenue was PLN 2,723.27 million compared to PLN 3,809.18 million a year ago. Net income was PLN 199.14 million compared to PLN 558.4 million a year ago. Basic earnings per share from continuing operations was PLN 2.87 compared to PLN 8.06 a year ago. Diluted earnings per share from continuing operations was PLN 2.87 compared to PLN 8.06 a year ago.