Brief: Horisont Energi Q2 Net Loss Widens To NOK 31.0 Mln

Nos Nova AS

26/08/2022 07:10

Aug 26 (Reuters) - Horisont Energi AS  HRGI.OL :
    * RESULT FOR SECOND QUARTER 2022 SHOWS A NET LOSS OF NOK 31
MILLION
    * HAS SOLID FINANCIAL POSITION WITH TOTAL OF NOK 458 MILLION
IN
CASH AS OF JUNE 30, AND EXPECTS TO HAVE SUFFICIENT FUNDS TO
BRING BARENTS BLUE, POLARIS AND  NEW CCS PROJECTS UP TO
INVESTMENT DECISION
    * Q2 OPERATING LOSS NOK 32.6 MILLION VERSUS NOK 1.3 MILLION
YEAR
AGO
    * Q2 NET LOSS NOK 31.0 MILLION VERSUS LOSS NOK 1.3 MILLION
YEAR
AGO

Source text for Eikon:  ID:nObiXnchka 
Further company coverage:  HRGI.OL 

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