Oslo-listed Hoegh LNG Holdings has seen profit plunge in the first quarter as financial expenses rose, but its numbers still measured up well with market expectations.
It said net earnings were $4.5m, from $13.21m a year earlier, but beating the $1.1m consensus.
Revenue grew to $84.29m from $72.29m, but finance costs hit $23.52m against $11.51m in 2018 due to higher depreciation and interest expenses.
