Latvian Forest Company AB (publ) reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was EUR 0.0642 million compared to EUR 0.3415 million a year ago. Revenue was EUR 0.08 million compared to EUR 0.3415 million a year ago.

Net loss was EUR 0.0777 million compared to net income of EUR 0.1915 million a year ago. Basic loss per share from continuing operations was EUR 0.002 compared to basic earnings per share from continuing operations of EUR 0.005 a year ago.