Latvian Forest Company AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EUR 0.493 million compared to EUR 0.2413 million a year ago. Revenue was EUR 0.493 million compared to EUR 0.2413 million a year ago. Net income was EUR 0.6257 million compared to EUR 4.69 million a year ago.
For the nine months, sales was EUR 1.94 million compared to EUR 0.6698 million a year ago. Revenue was EUR 1.96 million compared to EUR 0.6698 million a year ago. Net income was EUR 2.18 million compared to EUR 5.72 million a year ago. Basic earnings per share from continuing operations was EUR 0.059 compared to EUR 0.172 a year ago.