Vilniaus Baldai AB reported earnings results for the third quarter and nine months ended May 31, 2023. For the third quarter, the company reported sales was EUR 22.68 million compared to EUR 23.1 million a year ago. Net income was EUR 1.7 million compared to net loss of EUR 1.26 million a year ago. Basic earnings per share from continuing operations was EUR 0.44 compared to basic loss per share from continuing operations of EUR 0.32 a year ago.
For the nine months, sales was EUR 71.55 million compared to EUR 72.88 million a year ago. Net loss was EUR 0.345 million compared to net income of EUR 5.55 million a year ago. Basic loss per share from continuing operations was EUR 0.09 compared to basic earnings per share from continuing operations of EUR 1.43 a year ago.