FRIWO AG reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EUR 58.6 million compared to EUR 21.1 million a year ago. Net income was EUR 2.1 million compared to net loss of EUR 2.7 million a year ago. Basic earnings per share from continuing operations was EUR 0.25 compared to basic loss per share from continuing operations of EUR 0.35 a year ago.
For the nine months, sales was EUR 131.8 million compared to EUR 69.3 million a year ago. Net income was EUR 1 million compared to net loss of EUR 6.3 million a year ago. Basic earnings per share from continuing operations was EUR 0.12 compared to basic loss per share from continuing operations of EUR 0.82 a year ago.