10.5.2023 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 7.2 million in the first quarter of 2023 compared to a comprehensive loss
of NOK 12.6 million in the same quarter last year. The loss reported this
quarter is mostly driven by increase in the value of financial investments
offset by operational expenses.
At the end of the first quarter 2023, North Energy's total investment portfolio
had a market value NOK 439.4 million, up from NOK 402.7 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 first quarter 2023 is attached and available on the Company's
website, www.northenergy.no - http://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 Q1 2023.pdf -
https://kommunikasjon.ntb.no/ir-files/17847319/2337/3236/NE%20Interim%20report%2
0Q1%202023.pdf