Karolinska Development AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SEK 0.533 million compared to SEK 0.562 million a year ago. Net loss was SEK 1.87 million compared to net income of SEK 10.02 million a year ago. Basic loss per share from continuing operations was SEK 0.01 compared to basic earnings per share from continuing operations of SEK 0.04 a year ago. Diluted loss per share from continuing operations was SEK 0.01 compared to diluted earnings per share from continuing operations of SEK 0.04 a year ago.
For the full year, sales was SEK 2.01 million compared to SEK 2.3 million a year ago. Net income was SEK 5.39 million compared to net loss of SEK 88.12 million a year ago. Basic earnings per share from continuing operations was SEK 0.02 compared to basic loss per share from continuing operations of SEK 0.34 a year ago. Diluted earnings per share from continuing operations was SEK 0.02 compared to diluted loss per share from continuing operations of SEK 0.34 a year ago.