Borgestad 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 376.78 million compared to NOK 286.17 million a year ago. Net loss was NOK 37.13 million compared to net income of NOK 3.13 million a year ago. Basic loss per share from continuing operations was NOK 0.24 compared to basic earnings per share from continuing operations of NOK 0.03 a year ago.
For the nine months, sales was NOK 912.12 million compared to NOK 719.92 million a year ago. Net loss was NOK 26.85 million compared to NOK 26.61 million a year ago. Basic loss per share from continuing operations was NOK 0.18 compared to NOK 0.27 a year ago.