North Energy ASA - Results for the third quarter 2022

09 Nov 2022 07:15 CET

9.11.2022 07:15:00 CET | 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 0.9 million in the third quarter of 2022 compared to a comprehensive
income of NOK 47.7 million in the same quarter last year. The income reported
this quarter is mostly driven by income from investments in associated companies
offset by loss on financial investments and operational expenses.

At the end of the third quarter 2022, North Energy's total investment portfolio
had a market value NOK 409.1 million, up from NOK 334.3 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 third quarter 2022 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 Q3 2022.pdf -
https://kommunikasjon.ntb.no/ir-files/17847319/1876/2537/NE%20Interim%20report%2
0Q3%202022.pdf

More information:
Access the news on Oslo Bors NewsWeb site

575121_en_NE Interim report Q3 2022.pdf