tiprankstipranks

Platt Nera Issues Profit Warning; Announces Asset Impairment

Story Highlights
Platt Nera Issues Profit Warning; Announces Asset Impairment

An announcement from Platt Nera International Limited ( (HK:1949) ) is now available.

Platt Nera International Limited has issued a profit warning and announced a provision for asset impairment related to unused hardware and software systems initially developed in 2019. The company anticipates making an impairment provision of approximately THB76.8 million due to these systems being outdated and no longer of practical usage, which may result in a net loss for the financial year 2024. Shareholders and potential investors are advised to exercise caution, as the financial details are based on preliminary reviews and are subject to adjustments.

More about Platt Nera International Limited

YTD Price Performance: 22.86%

Average Trading Volume: 20,906,367

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$58.48M

See more data about 1949 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App