Hufvudstaden AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 06:00 am EST
Hufvudstaden AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was SEK 722 million compared to SEK 671.8 million a year ago. Net loss was SEK 212.4 million compared to net income of SEK 296.5 million a year ago. Basic loss per share from continuing operations was SEK 1.05 compared to basic earnings per share from continuing operations of SEK 1.46 a year ago.
For the nine months, revenue was SEK 2,163.1 million compared to SEK 2,000 million a year ago. Net loss was SEK 1,584.9 million compared to net income of SEK 1,052.6 million a year ago. Basic loss per share from continuing operations was SEK 7.83 compared to basic earnings per share from continuing operations of SEK 5.2 a year ago.