Raval ACS Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EUR 59.29 million compared to EUR 57.22 million a year ago. Net income was EUR 0.812 million compared to net loss of EUR 5.2 million a year ago. Basic earnings per share from continuing operations was EUR 0.01 compared to basic loss per share from continuing operations of EUR 0.061 a year ago. Diluted earnings per share from continuing operations was EUR 0.01 compared to diluted loss per share from continuing operations of EUR 0.061 a year ago.
For the six months, sales was EUR 119.68 million compared to EUR 118.23 million a year ago. Net income was EUR 1.18 million compared to net loss of EUR 5.59 million a year ago. Basic earnings per share from continuing operations was EUR 0.014 compared to basic loss per share from continuing operations of EUR 0.066 a year ago. Diluted earnings per share from continuing operations was EUR 0.014 compared to diluted loss per share from continuing operations of EUR 0.066 a year ago.