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The latest announcement is out from Platt Nera International Limited ( (HK:1949) ).
Platt Nera International Limited has issued a profit warning, indicating a significant financial downturn for the first half of 2025. The company anticipates a net loss of THB45 million to THB47 million, a stark contrast to the THB1.2 million profit recorded in the same period of 2024. This downturn is primarily due to a 54% decline in total revenue, attributed to delays in major projects, and a 71% drop in gross profit. Additionally, increased administrative expenses, including depreciation, office costs, and exchange losses, have further impacted the financial results.
The most recent analyst rating on (HK:1949) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Platt Nera International Limited stock, see the HK:1949 Stock Forecast page.
More about Platt Nera International Limited
Average Trading Volume: 8,284,139
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$232M
Find detailed analytics on 1949 stock on TipRanks’ Stock Analysis page.