Date/Time 11 Jun 2025 08:57:00

Headline

SET recommends the investors to study BYD's financial statements and monitor the company's clarification

Symbol SET
Source SET
Information analysis Subject : Reminding investors to analyze Information Security Symbol - BEYOND SECURITIES PUBLIC COMPANY LIMITED (BYD) Description : The Stock Exchange of Thailand (SET) requires Beyond Securities Public Company Limited (BYD) to clarify information on the financial statements of Q1/2025, which the auditor has an emphasis of matter about net losses for three consecutive years and shareholders' equity less than 100% of the paid-up share capital, resulting in SET has placed a Caution Business (CB) sign. In Addition, the company had a net loss of Baht 241 million in this quarter, representing a 677% increase compared to the previous year, mainly due to the recognition of allowance for expected credit loss totaling Baht 315 million, which primarily related to loans to an associated company during this quarter. Therefore, BYD is required to clarify information through SET's disclosure system by June 17, 2025 and disclose the opinions of the Board of Directors and Audit Committee by June 24, 2025. In addition, SET recommends the investors to study BYD's financial statements and monitor the company's clarification. ______________________________________________________________________