trending Market Intelligence /marketintelligence/en/news-insights/trending/cV8uy_Jc6ANBqtFrmzSlLQ2 content esgSubNav
In This List

Simris Alg Q3 loss widens 47.8% YOY

The Cobalt Expansion Drive Is A Copper Story

Podcast

Maritime and Trade Talk | EP12: Oil Price Cap - Implications for Trade and Shipping Risk

Podcast

Maritime and Trade Talk | E10: Navigating Maritime Risks from an Insurers’ Perspective?

Podcast

Maritime and Trade Talk | Episode 11: Trade Outlook - Response To Geopolitical Events


Simris Alg Q3 loss widens 47.8% YOY

Simris Alg AB said its normalized net income for the third quarter was a loss of 2.1 million kronor, compared with a loss of 1.4 million kronor in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Total revenue rose year over year to 215,000 kronor from 98,000 kronor, and total operating expenses rose 54.0% from the prior-year period to 3.5 million kronor from 2.3 million kronor.

Reported net income came to a loss of 3.4 million kronor, or a loss of 36 öre per share, compared to a loss of 2.3 million kronor in the prior-year period.

As of Nov. 11, US$1 was equivalent to 9.09 Swedish kronor.