Kamux Oyj Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 02:00 am EDT
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Kamux Oyj reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EUR 255 million compared to EUR 246.8 million a year ago. Net income was EUR 2.4 million compared to EUR 2.9 million a year ago. Basic earnings per share from continuing operations was EUR 0.06 compared to EUR 0.07 a year ago. Diluted earnings per share from continuing operations was EUR 0.06 compared to EUR 0.07 a year ago.
For the six months, sales was EUR 478.1 million compared to EUR 484.1 million a year ago. Net income was EUR 2.4 million compared to EUR 7.1 million a year ago. Basic earnings per share from continuing operations was EUR 0.06 compared to EUR 0.18 a year ago. Diluted earnings per share from continuing operations was EUR 0.06 compared to EUR 0.18 a year ago.
Kamux Oy is a Finland-based company engaged in the retail sale of used cars and light motor vehicles. The Company offers used cars from Finland, Sweden and Germany. In addition, it provides services, such as car insurance and financing. The Company's insurance services are focused on the protection cars from vandalism, animal crash safety, fire safety, theft security, towing safety, among others. The Company's financing services are involved in the consumer lending. Kamux Oy operates via a subsidiary Kamux Suomi Oy, which has a number of stores across Finland located in cities such as Helsinki, Hyvinkaa, Hameenlinna, Jyvaskyla, Kouvola, Kristiinankaupunki, Kuopio, Lahti, Mikkeli, Nummela, Oulu, Pori, Raisio, Rauma, Porvoo, Rovaniemi, Lappeenranta, Tampere and Ylivieska.