Redan S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PLN 0.202 million compared to PLN 0.183 million a year ago. Revenue was PLN 16.57 million compared to PLN 22.94 million a year ago. Net loss was PLN 0.641 million compared to net income of PLN 6.11 million a year ago. Basic loss per share from continuing operations was PLN 0.02 compared to basic earnings per share from continuing operations of PLN 0.17 a year ago. Diluted loss per share from continuing operations was PLN 0.02 compared to diluted earnings per share from continuing operations of PLN 0.17 a year ago.
For the nine months, sales was PLN 0.648 million compared to PLN 0.568 million a year ago. Revenue was PLN 49.91 million compared to PLN 68.78 million a year ago. Net loss was PLN 1.13 million compared to PLN 9.61 million a year ago. Basic loss per share from continuing operations was PLN 0.03 compared to PLN 0.27 a year ago. Diluted loss per share from continuing operations was PLN 0.03 compared to PLN 0.27 a year ago.