Africa Resources AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SEK 0.662 million compared to SEK 0.518 million a year ago. Revenue was SEK 1.03 million compared to SEK 0.518 million a year ago. Net income was SEK 0.137 million compared to net loss of SEK 0.326 million a year ago. Basic earnings per share from continuing operations was SEK 0.01 compared to basic loss per share from continuing operations of SEK 0.03 a year ago.
For the full year, sales was SEK 0.986 million compared to SEK 2.02 million a year ago. Revenue was SEK 1.35 million compared to SEK 2.02 million a year ago. Net loss was SEK 1.43 million compared to SEK 2.08 million a year ago. Basic loss per share from continuing operations was SEK 0.12 compared to SEK 0.18 a year ago.