Financial Performance - Total revenue for the first half of 2022 was approximately 167.7 million THB, an increase of about 15.5% or 22.5 million THB compared to 145.3 million THB in the first half of 2021[20]. - Gross profit for the first half of 2022 was approximately 21.7 million THB, representing a gross margin of 13.0%, up from 15.1 million THB or 10.4% in the same period last year[21]. - Other income for the first half of 2022 was approximately 22.5 million THB, a decrease of about 7.0 million THB compared to the previous year[22]. - The net loss for the first half of 2022 was approximately 16.4 million THB, compared to a net loss of 18.3 million THB in the first half of 2021[28]. - Revenue for the six months ended June 30, 2022, was THB 167,744,000, an increase of 15.5% compared to THB 145,294,000 for the same period in 2021[75]. - Gross profit for the same period was THB 21,740,000, up from THB 15,069,000, reflecting a gross margin improvement[75]. - The company reported a loss before tax of THB 16,417,000, an improvement from a loss of THB 18,325,000 in the prior year[75]. - Basic and diluted loss per share for the period was THB 4.10, compared to THB 4.58 in the same period last year[75]. - The company incurred a loss of THB 16,417 thousand during the six months ended June 30, 2022, compared to a loss of THB 18,325 thousand in the same period of 2021, indicating a reduction in losses of approximately 10.4%[85]. Expenses and Costs - Selling and distribution expenses for the first half of 2022 were approximately 8.5 million THB, an increase of 2.4 million THB from the previous year[23]. - Administrative expenses decreased by approximately 9.0% or 2.4 million THB to about 24.4 million THB in the first half of 2022[26]. - Financial costs for the first half of 2022 were approximately 27.0 million THB, a decrease of about 3.0 million THB compared to the previous year[27]. - The total cost of services provided for the six months ended June 30, 2022, was 146,004 thousand THB, up from 123,707 thousand THB in the same period of 2021, representing an increase of approximately 18.0%[105]. - The total cost of leased property improvements and equipment purchased for the six months ended June 30, 2022, was approximately 194,000 THB, significantly higher than 16,000 THB for the same period in 2021[114]. Assets and Liabilities - As of June 30, 2022, the group's current assets net amount was approximately 384.5 million THB, an increase from 379.7 million THB as of December 31, 2021[29]. - Current assets decreased from approximately 1,062.4 million THB on December 31, 2021, to about 1,060.1 million THB on June 30, 2022, primarily due to a reduction in receivables and cash equivalents by approximately 79.1 million THB[30]. - Current liabilities decreased to approximately 675.6 million THB as of June 30, 2022, from about 682.7 million THB on December 31, 2021, mainly due to a reduction in trade payables[32]. - Non-current assets recorded a decrease to approximately 728.7 million THB as of June 30, 2022, down from 868.5 million THB as of December 31, 2021[33]. - Non-current liabilities decreased to approximately 659.4 million THB as of June 30, 2022, from about 777.9 million THB on December 31, 2021[34]. - The group's debt-to-equity ratio was approximately 80.2% as of June 30, 2022, compared to 54.6% on December 31, 2021[38]. - The total interest-bearing bank borrowings due within one year amounted to approximately 258.7 million THB, an increase from about 130.4 million THB on December 31, 2021[35]. - Total liabilities decreased from THB 1,460,665 thousand as of December 31, 2021, to THB 1,335,015 thousand as of June 30, 2022, a reduction of about 8.6%[83]. Shareholder Information - Major shareholder Pynk holds 282,000,000 shares, representing 70.5% of the company's equity[61]. - Asvaplungprohm, Archadechopon, and Talomsin collectively control Pynk, with ownership stakes of 96%, 2%, and 2% respectively[61]. - The company’s issued and fully paid ordinary shares remained at 400,000,000 shares with a par value of HKD 0.01 as of June 30, 2022[147]. Cash Flow and Investments - The company reported a net cash outflow from operating activities of THB (133,312) thousand for the six months ended June 30, 2022, compared to THB (137,432) thousand in the same period of 2021, showing an improvement of approximately 3.1%[87]. - The company’s cash and cash equivalents at the end of the period were THB 50,547 thousand, compared to THB 27,912 thousand at the end of the same period last year, reflecting an increase of approximately 81.1%[89]. - The company’s cash and bank balances (excluding fixed deposits) were THB 52,635,000 as of June 30, 2022, reflecting a decrease of 15.3% compared to THB 62,140,000 as of December 31, 2021[135]. - The company had no significant investments or capital asset plans as of June 30, 2022[49]. Operational Developments - The company remains cautiously optimistic about its prospects for 2022 as Thailand prepares to reopen its economy[16]. - The company has expanded its customer base to rural areas in Thailand through new ATM projects[15]. - The company continues to focus on securing new projects and delivering existing ones, maintaining confidence in its long-term outlook[17]. - The company is focused on providing banking services to farmers in rural Thailand through its partnership with BAAC[159]. - The company has signed a service agreement for the cash deposit machine project, which includes developing operational software within 10 years[159]. - The company plans to install 2,900 ATMs for Client F between 2020 and 2025, providing related operation and maintenance services[182]. - The company will set up 790 passbook machines for Client F during the same five-year period, also offering operational support and maintenance[187]. Governance and Compliance - The company has established an audit committee responsible for reviewing financial reporting processes and internal controls[70]. - There were no reported instances of directors or their associates engaging in competing businesses as of June 30, 2022[69]. - The company did not declare an interim dividend for the six months ended June 30, 2022, consistent with the previous year[112]. - The company approved the interim financial information on August 26, 2022[157].
PLATT NERA(01949) - 2022 - 中期财报