AS Harju Elekter reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was EUR 49.98 million compared to EUR 43.56 million a year ago. Net loss was EUR 2.52 million compared to net income of EUR 0.888 million a year ago. Basic loss per share from continuing operations was EUR 0.14 compared to basic earnings per share from continuing operations of EUR 0.05 a year ago. Diluted loss per share from continuing operations was EUR 0.14 compared to diluted earnings per share from continuing operations of EUR 0.05 a year ago.

For the full year, the company reported sales was EUR 175.29 million compared to EUR 152.76 million a year ago. Net loss was EUR 5.54 million compared to net income of EUR 2.6 million a year ago. Basic loss per share from continuing operations was EUR 0.31 compared to basic earnings per share from continuing operations of EUR 0.15 a year ago. Diluted loss per share from continuing operations was EUR 0.30 compared to diluted earnings per share from continuing operations of EUR 0.14 a year ago.