Brief: North Energy ASA - Records A Comprehensive Income Of Nok 70.5 Million In Q4

North Energy ASA

25/02/2021 06:49

Feb 25 (Reuters) - North Energy ASA  NORTH.OL :
    * NORTH ENERGY ASA - STRONG FOURTH QUARTER AND RECORD FULL YEAR RESULTS,
    * NORTH ENERGY ASA - RECORDS A COMPREHENSIVE INCOME OF NOK 70.5 MILLION IN Q4 OF 2020
COMPARED TO
A COMPREHENSIVE INCOME OF NOK 12.7 MILLION IN SAME QUARTER LAST YEAR
    * NORTH ENERGY ASA - CASH POSITION AS PER END OF Q4 IS REPORTED AT NOK 119.3 MILLION.
    * NORTH ENERGY ASA - BOARD OF NORTH ENERGY ASA PROPOSES A CASH DIVIDEND OF NOK 0.45 PER
SHARE, IN
ACCORDANCE WITH COMPANY'S DIVIDEND POLICY
    * NORTH ENERGY ASA - TOTAL INVESTMENT PORTFOLIO, MEASURED AT MARKET VALUE, IS PER END OF Q4
NOK
302.8 MILLION, UP FROM NOK 202.2 MILLION LAST QUARTER
    * NORTH ENERGY ASA - INCOME REPORTED THIS QUARTER AND FULL YEAR IS PRIMARILY DRIVEN BY A
SIGNIFICANT INCREASE IN VALUATION OF INVESTMENT IN TOUCHSTONE EXPLORATION

Source text for Eikon:  ID:nObiXD8NMa 
Further company coverage:  NORTH.OL 

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