Arendals Fossekompani ASA reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NOK 1,218 million compared to NOK 1,110 million a year ago. Revenue was NOK 1,224 million compared to NOK 1,114 million a year ago. Net loss was NOK 38 million compared to net income of NOK 32 million a year ago. Basic loss per share from continuing operations was NOK 0.99 compared to basic earnings per share from continuing operations of NOK 0.57 a year ago.
For the nine months, sales was NOK 3,998 million compared to NOK 3,214 million a year ago. Revenue was NOK 4,034 million compared to NOK 3,227 million a year ago. Net income was NOK 82 million compared to NOK 95 million a year ago. Basic earnings per share from continuing operations was NOK 1.05 compared to NOK 1.64 a year ago.