The Oslo-listed company has zero revenue but managed to curbadministration expenses by close to $1m.
It left Philip Fjeld-led Flex with a net loss of $1.14m forthe three months to 30 June against a $2.2m reversal for the year ago period.
The company, which developed a floating LNG concept whichnever made it off the drawing board, is still locked in a long-running battlewith Korean heavyweight Samsung Heavy Industries.
Flex
