Polytronics Technology Corp. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was EUR 733.95 million compared to EUR 817.38 million a year ago. Net loss was EUR 36.75 million compared to net income of EUR 149.49 million a year ago. Basic loss per share from continuing operations was EUR 0.43 compared to basic earnings per share from continuing operations of EUR 1.76 a year ago. Diluted loss per share from continuing operations was EUR 0.43 compared to diluted earnings per share from continuing operations of EUR 1.71 a year ago. Basic loss per share was EUR 0.43 compared to basic earnings per share of EUR 1.76 a year ago. Diluted loss per share was EUR 0.43 compared to diluted earnings per share of EUR 1.71 a year ago.
For the six months, sales was EUR 1,522.5 million compared to EUR 1,366.66 million a year ago. Net income was EUR 42.95 million compared to EUR 290.55 million a year ago. Basic earnings per share from continuing operations was EUR 0.5 compared to EUR 3.46 a year ago. Diluted earnings per share from continuing operations was EUR 0.5 compared to EUR 3.4 a year ago. Basic earnings per share was EUR 0.5 compared to EUR 3.46 a year ago. Diluted earnings per share was EUR 0.5 compared to EUR 3.4 a year ago.