Elkem 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 7,745 million compared to NOK 11,049 million a year ago. Revenue was NOK 7,917 million compared to NOK 11,293 million a year ago. Net loss was NOK 456 million compared to net income of NOK 3,046 million a year ago. Basic loss per share from continuing operations was NOK 0.72 compared to basic earnings per share from continuing operations of NOK 4.81 a year ago. Diluted loss per share from continuing operations was NOK 0.72 compared to diluted earnings per share from continuing operations of NOK 4.79 a year ago.
For the nine months, sales was NOK 26,337 million compared to NOK 34,837 million a year ago. Revenue was NOK 27,109 million compared to NOK 35,494 million a year ago. Net income was NOK 533 million compared to NOK 8,667 million a year ago. Basic earnings per share from continuing operations was NOK 0.84 compared to NOK 13.68 a year ago. Diluted earnings per share from continuing operations was NOK 0.84 compared to NOK 13.64 a year ago.