NPRO: 2Q 2020 - influenced by corona and the acquisition of Veidekke Eiendom
Operating revenues ended at NOK 630 million for the quarter, of which NOK 172 million was rental income, while sales revenues from the residential project at Hasle in Oslo came to NOK 458 million. Profit before tax and fair-value adjustments came to NOK 95.3 million. The net loss for the period came to NOK 170.1 million after negative fair-value adjustments of investment properties and interest-rate-derivatives. That meant second-quarter earnings per share (EPS) were negative at NOK 0.34. Carried equity per share at 30 June 2020 was NOK 16.06, down from NOK 16.41 at 31 March. CEO Bent