SAF Tehnika A/S reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was EUR 6.63 million compared to EUR 8.61 million a year ago. Revenue was EUR 6.73 million compared to EUR 8.68 million a year ago. Net loss was EUR 0.973664 million compared to net income of EUR 1.65 million a year ago. Basic loss per share from continuing operations was EUR 0.33 compared to basic earnings per share from continuing operations of EUR 0.56 a year ago.
For the nine months, sales was EUR 28.59 million compared to EUR 25.57 million a year ago. Revenue was EUR 28.74 million compared to EUR 25.7 million a year ago. Net income was EUR 2.59 million compared to EUR 5.14 million a year ago. Basic earnings per share from continuing operations was EUR 0.87 compared to EUR 1.73 a year ago.