OKEA ASA - Third quarter 2022 financial results
(Trondheim, 26 October 2022) - OKEA ASA (OSE: OKEA) reported record high total operating income of NOK 2,143 (1,332) million and EBITDA of NOK 1,636 (928) million in the third quarter of 2022. Net profit after tax amounted to NOK 104 (28) million. OKEA generated a strong cash flow to capital providers of NOK 916 (392) million in the quarter which was used for repayment of debt, investments in ongoing projects, and cash dividends to shareholders.(Amounts in parentheses refer to previous quarter) “OKEA delivers record high operating income and EBITDA and generates a very solid cash flow