Arendals Fossekompani ASA reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NOK 1,378 million compared to NOK 1,055 million a year ago. Revenue was NOK 1,404 million compared to NOK 1,062 million a year ago. Net income was NOK 44 million compared to NOK 25 million a year ago. Basic earnings per share from continuing operations was NOK 0.75 compared to NOK 0.43 a year ago.
For the six months, sales was NOK 2,780 million compared to NOK 2,104 million a year ago. Revenue was NOK 2,810 million compared to NOK 2,113 million a year ago. Net income was NOK 119 million compared to NOK 63 million a year ago. Basic earnings per share from continuing operations was NOK 2.04 compared to NOK 1.08 a year ago.