NL Development's earnings have been declining at an average annual rate of -56.6%, while the Construction industry saw earnings growing at 10.1% annually. Revenues have been declining at an average rate of 21.6% per year.
Key information
-56.57%
Earnings growth rate
-57.71%
EPS growth rate
Construction Industry Growth
-2.73%
Revenue growth rate
-21.62%
Return on equity
-3.29%
Net Margin
-2.16%
Last Earnings Update
31 Mar 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How NL Development makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
SET:NL Revenue, expenses and earnings (THB Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
1,176
-25
176
0
31 Dec 25
1,163
-15
176
0
30 Sep 25
1,073
-34
175
0
30 Jun 25
1,096
-24
174
0
31 Mar 25
1,245
1
176
0
31 Dec 24
1,294
8
177
0
30 Sep 24
1,484
46
178
0
30 Jun 24
1,731
81
185
0
31 Mar 24
2,043
120
187
0
31 Dec 23
2,177
130
184
0
30 Sep 23
2,190
154
185
0
30 Jun 23
1,902
148
180
0
31 Mar 23
1,465
72
180
0
31 Dec 22
1,219
58
184
0
31 Dec 21
1,385
57
163
0
31 Dec 20
1,691
51
191
0
31 Dec 19
1,970
62
208
0
Quality Earnings: NL is currently unprofitable.
Growing Profit Margin: NL is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NL is unprofitable, and losses have increased over the past 5 years at a rate of 56.6% per year.
Accelerating Growth: Unable to compare NL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NL is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (52%).
Return on Equity
High ROE: NL has a negative Return on Equity (-3.29%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/26 22:57
End of Day Share Price
2026/05/26 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
NL Development Public Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.