Latvian Forest Company 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 EUR 0.461 million compared to EUR 0.1326 million a year ago. Revenue was EUR 0.4832 million compared to EUR 0.1509 million a year ago. Net loss was EUR 0.3225 million compared to net income of EUR 0.0159 million a year ago.
For the full year, sales was EUR 1.53 million compared to EUR 2.08 million a year ago. Revenue was EUR 1.58 million compared to EUR 2.11 million a year ago. Net income was EUR 0.4625 million compared to EUR 2.2 million a year ago. Basic earnings per share from continuing operations was EUR 0.012 compared to EUR 0.06 a year ago.