Nel books another operating deficit

Despite achieving a positive bottom-line figure in this year’s first quarter, Nel Hydrogen books yet another substantial operating deficit in the second quarter, albeit improving the result against the same period last year.
Photo: PR Nel Hydrogen
Photo: PR Nel Hydrogen
by mathias julius falkengaard, translated by daniel frank christensen

From May to July this year, Norway’s Nel Hydrogen managed to boost sales by 13% from NOK 164m (USD 17m) to NOK 183m from the same period last year.

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