PLATEAU TL (08402) Issues Profit Warning, Expects Interim Revenue to Drop Year-on-Year to Below SGD 5 Million

Stock News

Aug 26, 2025

PLATEAU TL (08402) announced that the Group expects: (i) revenue for the six months ended June 30, 2025 to be less than SGD 5 million, compared to approximately SGD 12.2 million for the same period in 2024; (ii) total loss for the relevant period to be less than SGD 1 million, compared to total profit of approximately SGD 2.4 million for the same period; and (iii) loss for the relevant period to be less than SGD 3 million, compared to profit of approximately SGD 0.2 million for the same period. The decrease in revenue and shift from net profit position to net loss position is primarily attributed to slow progress in new projects.

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