Latvian Forest Company AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was EUR 0.1928 million compared to EUR 0.0167 million a year ago. Revenue was EUR 0.1932 million compared to EUR 0.0137 million a year ago. Net income was EUR 2.52 million compared to EUR 0.2205 million a year ago.
For the full year, sales was EUR 0.8626 million compared to EUR 0.2596 million a year ago. Revenue was EUR 0.863 million compared to EUR 0.2596 million a year ago. Net income was EUR 8.26 million compared to EUR 1.14 million a year ago. Basic earnings per share from continuing operations was EUR 0.248 compared to EUR 0.056 a year ago.