SAF Tehnika A/S reported earnings results for the first quarter ended September 30, 2023. For the first quarter, the company reported sales was EUR 5.39 million compared to EUR 11.42 million a year ago. Revenue was EUR 6.31 million compared to EUR 11.43 million a year ago.

Net loss was EUR 1.47 million compared to net income of EUR 2.56 million a year ago. Basic loss per share from continuing operations was EUR 0.5 compared to basic earnings per share from continuing operations of EUR 0.86 a year ago.