S.C. Electroarges S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was RON 9.56 million compared to RON 39.94 million a year ago. Net loss was RON 2.93 million compared to RON 0.184341 million a year ago.

Basic loss per share from continuing operations was RON 0.0418 compared to RON 0.0026 a year ago.