Newag S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PLN 168.46 million compared to PLN 163.07 million a year ago. Net income was PLN 14.64 million compared to net loss of PLN 5.67 million a year ago. Basic earnings per share from continuing operations was PLN 0.32 compared to basic loss per share from continuing operations of PLN 0.13 a year ago. Diluted earnings per share from continuing operations was PLN 0.32 compared to diluted loss per share from continuing operations of PLN 0.13 a year ago.
For the six months, sales was PLN 444.45 million compared to PLN 360.55 million a year ago. Net income was PLN 40.55 million compared to net loss of PLN 5.27 million a year ago. Basic earnings per share from continuing operations was PLN 0.9 compared to basic loss per share from continuing operations of PLN 0.12 a year ago. Diluted earnings per share from continuing operations was PLN 0.9 compared to diluted loss per share from continuing operations of PLN 0.12 a year ago.