Platt Nera International Limited (HK:1949) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.