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NORTH: NAV up 23% sequentially, but Q2 loss driven by negative investment revaluations

NORTH: NAV up 23% sequentially, but Q2 loss driven by negative investment revaluations

North Energy AsaAugust 29, 20243
NORTH: NAV up 23% sequentially, but Q2 loss driven by negative investment revaluations

About this update from North Energy Asa

NAV increased 23% sequentially to NOK 588.8 million, but Q2 saw a comprehensive loss of NOK 1.7 million due to negative investment revaluations. Reach Subsea and Touchstone remain key holdings, while the company maintains a strong equity ratio and liquidity.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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