Sats ASA Announces Consolidated Earnings Results for the Second Quarter and Six Months of 2021
July 13, 2021 at 07:00 pm EDT
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Sats ASA announced consolidated earnings results for the second quarter and six months of 2021. For the quarter, the company reported revenue of NOK 670 million against NOK 744 million a year ago. Operating loss was NOK 121 million against NOK 36 million a year ago. Loss was NOK 163 million against NOK 114 million a year ago. Basic loss per share attributable to equity holders of the company was NOK 0.95 against NOK 0.67 a year ago.
For the six months, the company reported revenue of NOK 1,275 million against NOK 1,733 million a year ago. Operating loss was NOK 296 million against NOK 13 million a year ago. Loss was NOK 384 million against NOK 212 million a year ago. Basic loss per share attributable to equity holders of the company was NOK 2.25 against NOK 1.24 a year ago.
Sats ASA is a Norway-based company engaged in providing fitness and training services. The Company offers studio facilities for individual training and has a broad training offering with programming and qualified personal trainers for specialized training and individual coaching. The Company also focuses on supporting members outside its physical clubs, using online training and digital tools. The Company serves customers in Norway, Denmark, Sweden and Finland.