Jetpak Top Holding AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 29, 2023 at 12:30 am EDT
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Jetpak Top Holding AB (publ) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SEK 286.47 million compared to SEK 315.82 million a year ago. Revenue was SEK 293.61 million compared to SEK 324.89 million a year ago. Net loss was SEK 25.48 million compared to net income of SEK 22.57 million a year ago. Basic loss per share from continuing operations was SEK 2.09 compared to basic earnings per share from continuing operations of SEK 1.88 a year ago. Diluted loss per share from continuing operations was SEK 2.09 compared to diluted earnings per share from continuing operations of SEK 1.87 a year ago.
For the six months, sales was SEK 592.49 million compared to SEK 607.51 million a year ago. Revenue was SEK 606.73 million compared to SEK 624 million a year ago. Net loss was SEK 0.766 million compared to net income of SEK 44.16 million a year ago. Basic loss per share from continuing operations was SEK 0.06 compared to basic earnings per share from continuing operations of SEK 3.68 a year ago. Diluted loss per share from continuing operations was SEK 0.06 compared to diluted earnings per share from continuing operations of SEK 3.65 a year ago.
Jetpak Top Holding AB (publ) is a Sweden-based holding company of the Jetpak Group, a logistics and delivery provider. The Company provides time-critical express deliveries in the Nordic region, as well as several other European countries. It specializes in flight-based, door-to-door, long-distance deliveries aimed primarily at the business to business (B2B) sector. The Company's uses its information technology (IT) platform JENA to find the optimal transport route, combining air and road transport. The Company operates through two segments: Express Ad-hoc and Express Systemized. Express Ad-hoc segment comprises ad-hoc orders for flexible and time-critical courier services. Express Systemized segment comprises systematic orders for parcel shipments. The Company's point-to-point network covers more than 150 locations.
JETPAK TOP HOLDING AB 
