Platt Nera Reports Sharp Revenue Decline but Net Profit Rises
Company Announcements

Platt Nera Reports Sharp Revenue Decline but Net Profit Rises

Platt Nera International Limited (HK:1949) has released an update.

Platt Nera International Limited reported a significant revenue drop of 66.7% in the first half of 2024 compared to the same period last year, with earnings falling to THB66.5 million from THB199.4 million. Despite this decline, the company experienced a slight increase in net profit, reaching THB1.2 million, up from THB0.9 million in the first half of 2023. The decrease in revenue is attributed to the completion of several major projects in the previous year.

For further insights into HK:1949 stock, check out TipRanks’ Stock Analysis page.

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