Brief: Horisont Energi Q3 Operating Loss Widens To NOK 18.7 Mln

Nos Nova AS

16/11/2022 07:16

Nov 16 (Reuters) - Horisont Energi AS  HRGI.OL :
    * HORISONT ENERGI: FINANCIAL RESULTS THIRD QUARTER 2022
    * Q3 OPERATING LOSS NOK 18.7 MILLION VERSUS LOSS NOK 7.6
MILLION
YEAR AGO 
    * NET LOSS WAS NOK 15.8 MILLION IN Q3 OF 2022
    * COMPANY HAS A TOTAL OF NOK 443 MILLION IN CASH AND EXPECTS
TO
HAVE SUFFICIENT FUNDS TO BRING BARENTS BLUE, INCLUDING
ASSOCIATED POLARIS CCS PROJECT, AND NEW CCS PROJECT ERRAI UP TO
INVESTMENT DECISIONS

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Further company coverage:  HRGI.OL 
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