Litgrid AB reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was EUR 131.44 million compared to EUR 96.6 million a year ago. Revenue was EUR 131.99 million compared to EUR 98.18 million a year ago. Net loss was EUR 5.97 million compared to EUR 0.864 million a year ago. Basic loss per share from continuing operations was EUR 0.012 compared to EUR 0.002 a year ago.
For the full year, sales was EUR 418.95 million compared to EUR 267.26 million a year ago. Revenue was EUR 420.31 million compared to EUR 270.59 million a year ago. Net loss was EUR 49.44 million compared to net income of EUR 20.01 million a year ago. Basic loss per share from continuing operations was EUR 0.098 compared to basic earnings per share from continuing operations of EUR 0.04 a year ago.