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Regulatory press release

North Energy ASA – Results for the second quarter and first half year 2023

North Energy

24.8.2023 07:30:01 CEST | North Energy ASA | Half yearly financial reports and audit reports / limited reviews

North Energy ASA ("North Energy" or "Company") recorded a comprehensive income of NOK 39.7 million in the second quarter of 2023 compared to a comprehensive income of NOK 23.0 million in the same quarter last year. The income reported this quarter is mostly driven by increase in the value of financial investments and net result from associated companies.

At the end of the second quarter 2023, North Energy's total investment portfolio had a market value NOK 408.6 million, up from NOK 357.1 million at the end of same quarter last year. The portfolio consists of industrial holdings, listed financial investments and other financial investments.

The report for the second quarter and first half year 2023 is attached here and also available on the Company's website, www.northenergy.no.

 

Disclosure regulation

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Contacts

  • Rune Damm, CFO, (+47) 4166 6685, rune.damm@northenergy.no

Attachments

  • NE Interim report Q2 2023.pdf
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