Netel 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 861 million compared to SEK 751 million a year ago. Revenue was SEK 862 million compared to SEK 756 million a year ago. Net income was SEK 3 million compared to SEK 29 million a year ago. Basic earnings per share from continuing operations was SEK 0.07 compared to SEK 0.6 a year ago.
For the six months, sales was SEK 1,544 million compared to SEK 1,377 million a year ago. Revenue was SEK 1,548 million compared to SEK 1,388 million a year ago. Net loss was SEK 6 million compared to net income of SEK 44 million a year ago. Basic loss per share from continuing operations was SEK 0.12 compared to basic earnings per share from continuing operations of SEK 0.93 a year ago.