Brief: Norsk Solar Says In The First Quarter Of 2022, Co's Consolidated EBITDA Was Nok -8.0 Mln (-4.1)

Norsk Renewables AS

14/06/2022 19:07

June 14 (Reuters) - Norsk Solar AS  NSOL.OL :
    * IN THE FIRST QUARTER OF 2022, NORSK SOLAR’S CONSOLIDATED
EBITDA
WAS NOK -8.0 MILLION (-4.1)
    * REVENUE IN Q1 ENDED AT NOK 1.8 MILLION
    * Q1 TOTAL CONSOLIDATED PRODUCTION DURING PERIOD WAS 1 792
MWH, A
30% INCREASE IN PRODUCTION COMPARED TO SAME PERIOD YEAR BEFORE
    * NORSK SOLAR HAS DECIDED TO RECOGNIZE AN IMPAIRMENT OF NOK
9.5
MILLION FOR SEMYPOLKY PLANT IN UKRAINE
    * SEMYPOLKY PLANT IS UNHARMED & PRODUCING POWER, BUT UTILITY
OFFTAKER HAS IMPLEMENTED REDUCED RATE FOR RENEWABLE ENERGY
DURING WAR

Source text for Eikon:  ID:nWkr8tR2w4 
Further company coverage:  NSOL.OL 

 ((Reuters.Briefs@thomsonreuters.com;))