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S.D. Standard Drilling PLC ( (DE:S1P) ) has provided an announcement.
S.D. Standard ETC reported a net loss of USD 6.8 million in Q1 2025, primarily due to a realized loss in Dolphin Drilling. Despite this, the company achieved USD 12.1 million in gains from its ETC portfolio and held a cash position of USD 65.8 million at the quarter’s end. This financial performance reflects challenges in its investment strategy but also highlights the company’s liquidity strength.
More about S.D. Standard Drilling PLC
S.D. Standard ETC is an investment company established in 2010, headquartered in Cyprus, and listed on the Oslo Stock Exchange. It maintains a concentrated investment portfolio, including a significant 53% ownership in Standard Supply AS.
Average Trading Volume: 2,720,955
Current Market Cap: NOK955.1M
For a thorough assessment of S1P stock, go to TipRanks’ Stock Analysis page.