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Platt Nera Reports Significant Revenue Decline and Net Loss for FY2024

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Platt Nera Reports Significant Revenue Decline and Net Loss for FY2024

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

Platt Nera International Limited announced its annual results for the year ended December 31, 2024, reporting a significant revenue decrease of 77.5% to THB109.1 million compared to the previous year. The company also recorded a net loss of THB286.1 million, attributed to the completion of key projects, lack of new major projects, and provisions for asset impairment, impacting its financial performance and market positioning.

More about Platt Nera International Limited

Platt Nera International Limited is a company incorporated in the Cayman Islands, operating within the industry of project management and services. The company focuses on delivering key projects, although it faced challenges in FY2024 due to project completions and delays in new major projects.

YTD Price Performance: 12.86%

Average Trading Volume: 2,466,644

Technical Sentiment Signal: Buy

Current Market Cap: HK$53.72M

For an in-depth examination of 1949 stock, go to TipRanks’ Stock Analysis page.

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