May 29 (Reuters) - Element ASA ELEM.OL :
* Q1 NET PROFIT BEFORE TAX WAS POSITIVE USD 0.2 MILLION, WHICH IS AN IMPROVEMENT OF USD 3.6
MILLION COMPARED TO SAME QUARTER OF 2019
* NET FINANCIAL ITEMS FOR Q1 WERE POSITIVE WITH USD 0.9 MILLION (0.1M)
* TOTAL EQUITY AT THE END OF Q1 IS USD 4.9 MILLION (6.9M) WITH AN EQUITY RATIO OF 75%
* TOTAL ASSETS AT THE END OF THE Q1 EQUALS USD 6.6 MILLION (7.7M Y.E. 2018)
Source text for Eikon: ID:nObi0BfGva
Further company coverage: ELEM.OL
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))