North Energy ASA (“North Energy” or “Company”) recorded a comprehensive income of NOK 37.1 million in the third quarter of 2024 compared to a comprehensive loss of NOK 1.3 million in the same quarter last year. The income reported this quarter is mostly driven by income from associated companies, a positive change in fair value of financial investments, partly offset by operational expenses.
At the end of the third quarter 2024, North Energy’s Net Asset Value (NAV) was NOK 591.3 million, representing an increase of NOK 2.6 million (+0.4%) from last quarter and, adjusted for dividends paid, NOK 163.8 million (+37%) from the same quarter last year.
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The report for the third quarter 2024 is attached and 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
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