PLATT NERA (01949) Issues Profit Warning, Expects Interim Shareholders' Losses of Approximately 45-47 Million Thai Baht, Turning from Profit to Loss Year-over-Year

Stock News08-25

PLATT NERA (01949) announced that the group expects to record a net loss attributable to owners of the company of approximately 45 million to 47 million Thai Baht for the six months ended June 30, 2025 (first half of 2025), compared to a net profit of approximately 1.2 million Thai Baht for the same period in 2024. The expected net loss for the first half of 2025 is primarily attributable to (among others): (1) Total revenue for the first half of 2025 is expected to decrease by approximately 54% compared to the same period in 2024. The decrease is mainly due to customers postponing several major projects, resulting in gross profit declining by approximately 71%. (2) Administrative expenses increased due to higher depreciation, office expenses, and foreign exchange losses.

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