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Platt Nera Projects Significant FY2024 Losses Amid Project Delays

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Platt Nera Projects Significant FY2024 Losses Amid Project Delays

Platt Nera International Limited ( (HK:1949) ) has issued an announcement.

Platt Nera International Limited has issued a profit warning and announced a provision for asset impairment, projecting a net loss after tax of no less than THB140 million for FY2024. The losses are attributed to a delay in large projects which are now expected to occur in 2025. This announcement highlights significant financial challenges for the company and advises stakeholders to review the upcoming annual results with caution.

More about Platt Nera International Limited

Platt Nera International Limited is incorporated in the Cayman Islands and is involved in the technology sector. The company operates through its subsidiaries and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: 25.71%

Average Trading Volume: 7,664,525

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$62.56M

Find detailed analytics on 1949 stock on TipRanks’ Stock Analysis page.

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