Redan S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PLN 0.183 million compared to PLN 0.173 million a year ago. Revenue was PLN 22.94 million compared to negative revenue of PLN 25.85 million a year ago. Net income was PLN 6.11 million compared to net loss of PLN 1.36 million a year ago. Basic earnings per share from continuing operations was PLN 0.17 compared to basic loss per share from continuing operations of PLN 0.04 a year ago. Diluted earnings per share from continuing operations was PLN 0.17 compared to diluted loss per share from continuing operations of PLN 0.04 a year ago.
For the nine months, sales was PLN 0.568 million compared to PLN 0.517 million a year ago. Revenue was PLN 68.78 million compared to PLN 68.68 million a year ago. Net loss was PLN 9.61 million compared to PLN 4.98 million a year ago. Basic loss per share from continuing operations was PLN 0.27 compared to PLN 0.14 a year ago. Diluted loss per share from continuing operations was PLN 0.27 compared to PLN 0.14 a year ago.