Jetpak Top Holding AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 25, 2022 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, 2022. For the second quarter, the company reported sales was SEK 315.82 million compared to SEK 248.59 million a year ago. Revenue was SEK 324.89 million compared to SEK 256.44 million a year ago. Net income was SEK 22.57 million compared to SEK 16.59 million a year ago. Basic earnings per share from continuing operations was SEK 1.88 compared to SEK 1.38 a year ago. Diluted earnings per share from continuing operations was SEK 1.87 compared to SEK 1.37 a year ago.
For the six months, sales was SEK 607.51 million compared to SEK 490.55 million a year ago. Revenue was SEK 624 million compared to SEK 506.87 million a year ago. Net income was SEK 44.16 million compared to SEK 31.01 million a year ago. Basic earnings per share from continuing operations was SEK 3.68 compared to SEK 2.58 a year ago. Diluted earnings per share from continuing operations was SEK 3.65 compared to SEK 2.56 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.