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Nordic Iron Q2 FY26 net loss narrows to SEK 5 million; revenue drops 70.33% to SEK 5.4 million vs year-ago quarter

PUBT·08/20/2026 06:35:50
語音播報
Nordic Iron Q2 FY26 net loss narrows to SEK 5 million; revenue drops 70.33% to SEK 5.4 million vs year-ago quarter
  • Nordic Iron Ore posted Q2 earnings after tax of SEK -5 million, narrowing from SEK -5.9 million a year earlier.
  • Sales fell 70.33% to SEK 5.4 million; revenue consisted exclusively of capitalised exploration and evaluation expenditure.
  • H1 earnings after tax improved to SEK -9.3 million from SEK -12 million, while sales dropped 48.69% to SEK 13.7 million.
  • Cash and cash equivalents slid to SEK 13.8 million at June 30 from SEK 77.8 million a year earlier.
  • Pre-feasibility study covering Blötberget and Väsmanfältet was completed; CEO said it sets up the next project phase.


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. Nordic Iron Ore AB published the original content used to generate this news brief on August 20, 2026, and is solely responsible for the information contained therein.