Genova Property Group AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 16, 2023 at 02:30 am EDT
Genova Property Group AB (publ) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SEK 125.5 million compared to SEK 92.1 million a year ago. Net loss was SEK 117.8 million compared to net income of SEK 175.9 million a year ago. Basic loss per share from continuing operations was SEK 3.04 compared to basic earnings per share from continuing operations of SEK 3.87 a year ago.
For the six months, sales was SEK 254.5 million compared to SEK 185.7 million a year ago. Net loss was SEK 182.5 million compared to net income of SEK 321.7 million a year ago. Basic loss per share from continuing operations was SEK 4.89 compared to basic earnings per share from continuing operations of SEK 7.06 a year ago.