Norway’s Hoegh LNG posted lower profits of $4.5 million for the first three months of 2019, down from a profit of $13.2 million a year ago.
This came despite total income rising from $72.3 million in the first quarter of 2018 to $84.3 million in the recent quarter.
Offsetting the jump in revenue was an increase in depreciation costs, from $11.3
