Norsk Hydro declared its net income in 4Q felled

Norway Aluminum & Electricity Co. said on Feb. 19 it is net profit in 2007 is 529m DKR, fell 84% compared to the same time in last year, the main reason is aluminum price fell and exchange rate adjustment. Fourth quarter financial income is $21.6b, fell 7% compared to the same time in last year, exclude oil. Hydro Company president and CEO Eivind Reiten said: “though 2007 profit is very well, we are not satisfied to fourth quarter income.”