Business
NORTH: NAV up sequentially, Q1 loss deepens, and operating expenses sharply reduced
NORTH: NAV up sequentially, Q1 loss deepens, and operating expenses sharply reduced
About this update from North Energy Asa
NAV rose 2.4% sequentially but fell 4.6% year-over-year, with a Q1 loss of NOK 28.1 million driven by negative industrial investment results. Operating expenses dropped 44% year-over-year, and the equity ratio stood at 76%.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.