Norbit ASA reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NOK 328.6 million compared to NOK 269.7 million a year ago. Net income was NOK 22.1 million compared to NOK 11.6 million a year ago. Basic earnings per share from continuing operations was NOK 0.37 compared to NOK 0.2 a year ago. Diluted earnings per share from continuing operations was NOK 0.37 compared to NOK 0.2 a year ago.
For the nine months, sales was NOK 1,122.9 million compared to NOK 820.2 million a year ago. Net income was NOK 142.4 million compared to NOK 66.9 million a year ago. Basic earnings per share from continuing operations was NOK 2.4 compared to NOK 1.14 a year ago. Diluted earnings per share from continuing operations was NOK 2.39 compared to NOK 1.14 a year ago.