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PLATEER, Q1 Order Intake 'Jackpot'…Momentum for Earnings Rebound

2025-05-20

 

 Q1 New Order Intake Reaches KRW 24.9 Billion, Highest Since 2022

 

PLATEER has secured new contracts in the first quarter equivalent to its usual annual order volume, providing strong momentum for a rebound in earnings. Given that new orders typically translate directly into revenue, the company is expected to post a significant year-on-year increase in full-year sales.

 

According to the Financial Supervisory Service’s electronic disclosure system on the 20th, PLATEER recorded sales of KRW 7.8 billion, operating loss of KRW 1.9 billion, and net loss of KRW 1.7 billion in the first quarter. While sales showed only a slight increase, losses expanded.

 

However, a closer look at the Q1 performance paints a different picture. PLATEER secured new orders worth KRW 24.9 billion in Q1, a 117.2% increase compared to the same period last year.

 

 

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