-+ 0.00%
-+ 0.00%
-+ 0.00%
Independent Oil & Resources H1 net profit rises 0.74% to NOK 25.8 million
Share
Listen to the news
Independent Oil & Resources H1 net profit rises 0.74% to NOK 25.8 million
  • Independent Oil & Resources posted net profit of NOK 25.8 million, up 0.74% from a year earlier.
  • Dividend income more than doubled to NOK 6.16 million, while fair value on financial assets through profit or loss swung to a NOK 159,000 loss.
  • Share of results of associates slipped 9.94% to NOK 14.76 million, while operating profit rose 20.36% to NOK 12 million.
  • Total comprehensive income fell 14.19% to NOK 15.07 million as other comprehensive loss widened to NOK 10.73 million.
  • Cash at bank climbed 73.23% to NOK 57.66 million, while borrowings declined 19.82% to NOK 19.27 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Independent Oil & Resources plc published the original content used to generate this news brief on August 30, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending