Saga Pure ASA (DE:SAT) has released an update.
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Saga Pure ASA reports a profitable second quarter in 2024, with a net gain of NOK 11 million and a year-to-date return on equity of 3.3%. The company, carrying no debt and with a cash reserve of NOK 490 million, is strategically positioned to seek new investment ventures. Additionally, Saga Pure successfully sold its shares in Heimdall Power for NOK 35 million, reinforcing its financial stability and investment acumen.
For further insights into DE:SAT stock, check out TipRanks’ Stock Analysis page.
