Latvian Forest Company AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 0.6177 million compared to EUR 0.493 million a year ago. Revenue was EUR 0.6192 million compared to EUR 0.493 million a year ago. Net loss was EUR 0.343 million compared to net income of EUR 0.6257 million a year ago.
For the nine months, sales was EUR 1.07 million compared to EUR 1.94 million a year ago. Revenue was EUR 1.1 million compared to EUR 1.96 million a year ago. Net income was EUR 0.9446 million compared to EUR 2.18 million a year ago. Basic earnings per share from continuing operations was EUR 0.026 compared to EUR 0.059 a year ago.