Elkem ASA reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NOK 8,938 million compared to NOK 12,106 million a year ago. Revenue was NOK 9,258 million compared to NOK 12,326 million a year ago. Net income was NOK 36 million compared to NOK 2,962 million a year ago. Basic earnings per share from continuing operations was NOK 0.06 compared to NOK 4.67 a year ago. Diluted earnings per share from continuing operations was NOK 0.06 compared to NOK 4.65 a year ago.
For the six months, sales was NOK 18,591 million compared to NOK 23,789 million a year ago. Revenue was NOK 19,192 million compared to NOK 24,201 million a year ago. Net income was NOK 989 million compared to NOK 5,621 million a year ago. Basic earnings per share from continuing operations was NOK 1.56 compared to NOK 8.87 a year ago. Diluted earnings per share from continuing operations was NOK 1.55 compared to NOK 8.83 a year ago.