HydrogenPro ASA – Third quarter 2023 results
7 November 2023 - HydrogenPro (OSE: HYPRO): Today, HydrogenPro reported its financial results for the third quarter. Highlights: · Revenues for the quarter of NOK 220 million, up 61% from second quarter (NOK 137 million) and more than 14x same quarter last year (NOK 15 million) · Gross margin of 10.2% in the quarter, 14.6% year to date · ANDRITZ confirms Purchase Order for 18 electrolysers from HydrogenPro, to a value of approx. EUR 18 million · Mitsubishi Power confirms successful validation, installation, and operation of two HydrogenPro electrolysers · Finally, the