Newag S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PLN 272.19 million compared to PLN 340.94 million a year ago. Net income was PLN 6.35 million compared to PLN 38.8 million a year ago.
For the nine months, sales was PLN 632.75 million compared to PLN 692 million a year ago. Net income was PLN 1.07 million compared to PLN 71.02 million a year ago. Basic earnings per share from continuing operations was PLN 0.02. Diluted earnings per share from continuing operations was PLN 0.02.