Philly Shipyard ASA reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 101.8 million compared to USD 92.6 million a year ago. Net loss was USD 17.2 million compared to USD 10 million a year ago. Basic loss per share from continuing operations was USD 1.42 compared to USD 0.83 a year ago.
For the nine months, sales was USD 355.3 million compared to USD 284.1 million a year ago. Net loss was USD 49.1 million compared to USD 3.4 million a year ago. Basic loss per share from continuing operations was USD 4.06 compared to USD 0.28 a year ago.