Elco Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
For the six months, sales was USD 2,493.56 million compared to USD 2,478.54 million a year ago. Net loss was USD 33.1 million compared to net income of USD 129.69 million a year ago. Basic loss per share from continuing operations was USD 1.22 compared to basic earnings per share from continuing operations of USD 4.75 a year ago. Diluted loss per share from continuing operations was USD 1.22 compared to diluted earnings per share from continuing operations of USD 4.6 a year ago.