Litgrid AB reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was EUR 77.08 million compared to EUR 50.01 million a year ago. Revenue was EUR 77.48 million compared to EUR 50.6 million a year ago. Net loss was EUR 7.23 million compared to net income of EUR 5.9 million a year ago. Basic loss per share from continuing operations was EUR 0.014 compared to basic earnings per share from continuing operations of EUR 0.012 a year ago.
For the six months, sales was EUR 144.69 million compared to EUR 111.19 million a year ago. Revenue was EUR 145.25 million compared to EUR 112.41 million a year ago. Net loss was EUR 9.24 million compared to net income of EUR 17.38 million a year ago. Basic loss per share from continuing operations was EUR 0.018 compared to basic earnings per share from continuing operations of EUR 0.034 a year ago.