Profit before tax was thus NOK 730 million in the first quarter 2010, compared to NOK 650 million in the first quarter 2009.
Rec 3-month operating income turned to NOK 125m loss
Renewable Energy Corporation ASA (Rec) said its three month operating income (ebit) turned to a loss of 125 million Norwegian kroner compared with a preofit of NOK 298 million in the same period last year.