Sats ASA Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 23, 2023 at 07:00 pm EDT
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Sats ASA reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NOK 1,200 million compared to NOK 1,022 million a year ago. Net income was NOK 94 million compared to NOK 12 million a year ago. Basic earnings per share from continuing operations was NOK 0.47 compared to NOK 0.06 a year ago. Diluted earnings per share from continuing operations was NOK 0.46 compared to NOK 0.06 a year ago.
For the six months, sales was NOK 2,401 million compared to NOK 2,033 million a year ago. Net income was NOK 157 million compared to net loss of NOK 44 million a year ago. Basic earnings per share from continuing operations was NOK 0.78 compared to basic loss per share from continuing operations of NOK 0.23 a year ago. Diluted earnings per share from continuing operations was NOK 0.77 compared to diluted loss per share from continuing operations of NOK 0.23 a year ago.
Sats ASA is a Norway-based company engaged in providing fitness and training services. The Company offers studio facilities for individual training and has a broad training offering with programming and qualified personal trainers for specialized training and individual coaching. The Company also focuses on supporting members outside its physical clubs, using online training and digital tools. The Company serves customers in Norway, Denmark, Sweden and Finland.
SATS ASA 
