CTEK AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 199.2 million compared to SEK 221.4 million a year ago. Revenue was SEK 199.2 million compared to SEK 222.5 million a year ago. Net loss was SEK 216.7 million compared to net income of SEK 6.8 million a year ago. Basic loss per share from continuing operations was SEK 3.1 compared to basic earnings per share from continuing operations of SEK 0.14 a year ago. Diluted loss per share from continuing operations was SEK 3.1 compared to diluted earnings per share from continuing operations of SEK 0.14 a year ago.
For the nine months, sales was SEK 643.9 million compared to SEK 692.8 million a year ago. Revenue was SEK 645.9 million compared to SEK 697.9 million a year ago. Net loss was SEK 256.4 million compared to net income of SEK 29.4 million a year ago. Basic loss per share from continuing operations was SEK 4.04 compared to basic earnings per share from continuing operations of SEK 0.59 a year ago. Diluted loss per share from continuing operations was SEK 4.04 compared to diluted earnings per share from continuing operations of SEK 0.59 a year ago.