Karolinska Development AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 0.412 million compared to SEK 0.527 million a year ago. Net income was SEK 12.01 million compared to net loss of SEK 46.62 million a year ago. Basic earnings per share from continuing operations was SEK 0.04 compared to basic loss per share from continuing operations of SEK 0.17 a year ago. Diluted earnings per share from continuing operations was SEK 0.04 compared to diluted loss per share from continuing operations of SEK 0.17 a year ago.
For the nine months, sales was SEK 1.48 million compared to SEK 1.74 million a year ago. Net income was SEK 7.26 million compared to net loss of SEK 98.14 million a year ago. Basic earnings per share from continuing operations was SEK 0.03 compared to basic loss per share from continuing operations of SEK 0.39 a year ago. Diluted earnings per share from continuing operations was SEK 0.03 compared to diluted loss per share from continuing operations of SEK 0.39 a year ago.