Brief: Saga Tankers Q1 EBITDA Result Swings To Loss Of NOK 98.6 Million

Saga Pure ASA

14/05/2020 06:10

May 14 (Reuters) - Saga Tankers ASA  SAGT.OL :
    * REG-SAGA TANKERS ASA: Q1 2020 FINANCIAL RESULTS
    * DURING QUARTER, NET MARKET VALUE OF SHARES HELD IN SD
STANDARD
DRILLING PLC AND VISTIN PHARMA ASA DECREASED BY APPROX. NOK 85
MILLION
    * REPORTED A NET ASSET VALUE (NAV) OF NOK 251 MILLION END OF
Q1
2020, EXCLUDING MINORITY INTERESTS AND WITH VALLHALL VALUED AT
BOOK VALUE
    * Q1 EBITDA LOSS NOK 98.6 MILLION VERSUS PROFIT NOK 22.8
MILLION
YEAR AGO
    * Q1 OPERATING REVENUE NOK 5.2 MILLION VERSUS NOK 28.2
MILLION
YEAR AGO

Source text for Eikon:  ID:nGNEc1Wshq 
Further company coverage:  SAGT.OL 

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