CTEK AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 221.4 million compared to SEK 208.6 million a year ago. Revenue was SEK 222.5 million compared to SEK 209.1 million a year ago. Net income was SEK 6.8 million compared to net loss of SEK 31.9 million a year ago. Basic earnings per share from continuing operations was SEK 0.14 compared to basic loss per share from continuing operations of SEK 0.74 a year ago. Diluted earnings per share from continuing operations was SEK 0.14 compared to diluted loss per share from continuing operations of SEK 0.74 a year ago.
For the nine months, sales was SEK 692.8 million compared to SEK 664 million a year ago. Revenue was SEK 697.9 million compared to SEK 667.4 million a year ago. Net income was SEK 29.4 million compared to net loss of SEK 5.3 million a year ago. Basic earnings per share from continuing operations was SEK 0.59 compared to basic loss per share from continuing operations of SEK 0.12 a year ago. Diluted earnings per share from continuing operations was SEK 0.59 compared to diluted loss per share from continuing operations of SEK 0.12 a year ago.