Baltic Sea Properties AS reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was NOK 21.6 million compared to NOK 15.84 million a year ago. Revenue was NOK 21.94 million compared to NOK 16.36 million a year ago.

Net income was NOK 4.7 million compared to NOK 10.3 million a year ago. Basic earnings per share from continuing operations was NOK 0.7 compared to NOK 1.54 a year ago. Diluted earnings per share from continuing operations was NOK 0.7 compared to NOK 1.54 a year ago.