Reported Earnings • May 21
First quarter 2026 earnings released: ฿0.01 loss per share (vs ฿0.01 loss in 1Q 2025) First quarter 2026 results: ฿0.01 loss per share (in line with 1Q 2025). Revenue: ฿436.5m (down 44% from 1Q 2025). Net loss: ฿89.8m (loss widened 8.5% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 57% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 05
Full year 2025 earnings released: ฿0.066 loss per share (vs ฿0.055 loss in FY 2024) Full year 2025 results: ฿0.066 loss per share (further deteriorated from ฿0.055 loss in FY 2024). Revenue: ฿2.18b (down 42% from FY 2024). Net loss: ฿570.0m (loss widened 20% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings. Announcement • Mar 05
General Engineering Public Company Limited, Annual General Meeting, Apr 30, 2026 General Engineering Public Company Limited, Annual General Meeting, Apr 30, 2026, at 14:00 SE Asia Standard Time. New Risk • Feb 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ฿258.4m (US$8.32m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (48% average weekly change). Earnings have declined by 38% per year over the past 5 years. Market cap is less than US$10m (฿258.4m market cap, or US$8.32m). Reported Earnings • Nov 16
Third quarter 2025 earnings released: ฿0.013 loss per share (vs ฿0.011 loss in 3Q 2024) Third quarter 2025 results: ฿0.013 loss per share (further deteriorated from ฿0.011 loss in 3Q 2024). Revenue: ฿463.8m (down 56% from 3Q 2024). Net loss: ฿112.8m (loss widened 23% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings. Announcement • Nov 15
General Engineering Public Company Limited to Report Q3, 2025 Results on Nov 14, 2025 General Engineering Public Company Limited announced that they will report Q3, 2025 results on Nov 14, 2025 Reported Earnings • Aug 15
Second quarter 2025 earnings released: ฿0.015 loss per share (vs ฿0.011 loss in 2Q 2024) Second quarter 2025 results: ฿0.015 loss per share (further deteriorated from ฿0.011 loss in 2Q 2024). Revenue: ฿677.7m (down 16% from 2Q 2024). Net loss: ฿133.4m (loss widened 35% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year and the company’s share price has also fallen by 40% per year. New Risk • Jul 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ฿258.4m (US$7.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (37% average weekly change). Earnings have declined by 29% per year over the past 5 years. Market cap is less than US$10m (฿258.4m market cap, or US$7.94m). Reported Earnings • May 17
First quarter 2025 earnings released: ฿0.01 loss per share (vs ฿0.009 loss in 1Q 2024) First quarter 2025 results: ฿0.01 loss per share (further deteriorated from ฿0.009 loss in 1Q 2024). Revenue: ฿778.2m (down 23% from 1Q 2024). Net loss: ฿82.7m (loss widened 2.9% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year and the company’s share price has also fallen by 45% per year. New Risk • Apr 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ฿344.5m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 25% per year over the past 5 years. Market cap is less than US$10m (฿344.5m market cap, or US$9.99m). Board Change • Apr 04
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Director Porntep Suppataratarn was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 04
Full year 2024 earnings released: ฿0.055 loss per share (vs ฿0.058 loss in FY 2023) Full year 2024 results: ฿0.055 loss per share. Revenue: ฿3.78b (down 8.7% from FY 2023). Net loss: ฿474.2m (loss widened 3.2% from FY 2023). Announcement • Mar 03
General Engineering Public Company Limited, Annual General Meeting, Apr 30, 2025 General Engineering Public Company Limited, Annual General Meeting, Apr 30, 2025, at 14:00 SE Asia Standard Time. Reported Earnings • Aug 14
Second quarter 2024 earnings released: ฿0.011 loss per share (vs ฿0.006 loss in 2Q 2023) Second quarter 2024 results: ฿0.011 loss per share (further deteriorated from ฿0.006 loss in 2Q 2023). Revenue: ฿805.3m (down 8.4% from 2Q 2023). Net loss: ฿98.7m (loss widened 115% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Announcement • May 16
General Engineering Public Company Limited Announces Board and Committee Changes General Engineering Public Company Limited announced Board of Directors' Meeting No. 3/2024 held on 14 May 2024 to appoint Mr. Porntep Suppataratarn to be a member of Risk Management Committee in replacement of Miss. Surawee Chaithumrongkool who has resigned from a member of Risk Management Committee due to his other business engagement caused him unable to perform in such position, the effective from 15 May 2024 onwards. Composition of board: Prof. Dr. Borwornsak Uwanno, Chairman of the Board of Directors and Independent Director Mr. Sophon Pholprasit, Vice Chairman of the Board and Independent Director Mr. Wirach Morakotkarn, Independent Director Mr. Thitipong Tangpoonphonvivat, Director Dr. Vichya Kreangam, Independent Director Mrs. Pannee Jarusombat, Independent Director Mrs. Wisadja Kodchasena, Director Mr. Porntep Suppataratarn, Director (Newly appointed) and Mr. Wuttichai Sresthabutra, Director. Composition of Audit Committee: Mr. Wirach Morakotkarn Chairman of Audit Committee, Mrs. Pannee Jarusombat and Dr. Vichya Kreangam. Composition of Nomination and Remuneration Committee: Mr. Sophon Pholprasit Chairman of the Nomination and Remuneration Committee, Mr. Thitipong Tangpoonphonvivat Nomination and Remuneration Committee and Dr. Vichya Kreangam Nomination and Remuneration Committee. Composition of Corporate Governance Committee: Dr. Vichya Kreangam Chairman of the Corporate Governance Committee, Mrs. Wisadja Kodchasena, Mr. Wuttichai Sresthabutra. Composition of Risk Management Committee: Mr. Sophon Pholprasit Chairman of the Risk Management Committee, Mrs. Wisadja Kodchasena and Mr. Porntep Suppataratarn. Composition of Executive Committee: Mr. Thitipong Tangpoonphonvivat Chief Executive Officer, Mrs. Wisadja Kodchasena Executive Committee, Mrs.Linjong Srisongkram and Mr. Wuttichai Sresthabutra. Reported Earnings • May 15
First quarter 2024 earnings released: ฿0.009 loss per share (vs ฿0.004 loss in 1Q 2023) First quarter 2024 results: ฿0.009 loss per share (further deteriorated from ฿0.004 loss in 1Q 2023). Revenue: ฿1.01b (up 30% from 1Q 2023). Net loss: ฿80.4m (loss widened 192% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. New Risk • Apr 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (฿1.46b market cap, or US$39.5m). Announcement • Mar 16
General Engineering Public Company Limited, Annual General Meeting, Apr 30, 2024 General Engineering Public Company Limited, Annual General Meeting, Apr 30, 2024, at 14:00 SE Asia Standard Time. Agenda: To discuss matters that the Chairman informed the meeting; to consider and certify the minutes of the Extraordinary General Meeting of Shareholders No. 1/2023; to consider and acknowledge the Company's operating results for the year 2023; to consider and approve the statement of financial position and income statement ended on 31 December 2023; to consider and approve the omission of net profit allocation as a statutory reserve and the omission of dividend payment from the Company's operating results for the year 2023; to consider and approve the appointment of directors to replace directors who have retired by rotation; to consider and approve the determination of the Board of Directors, Audit Committee, and other committees' remunerations for the year 2024; to consider and approve the appointment of auditors and determine the audit fees of the Company and its subsidiaries for the year 2024; and to consider matters. Reported Earnings • Mar 03
Full year 2023 earnings released: ฿0.058 loss per share (vs ฿0.022 loss in FY 2022) Full year 2023 results: ฿0.058 loss per share (further deteriorated from ฿0.022 loss in FY 2022). Revenue: ฿4.14b (up 48% from FY 2022). Net loss: ฿459.7m (loss widened 227% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. New Risk • Nov 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.0% average weekly change). Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (฿1.89b market cap, or US$53.8m). Reported Earnings • Nov 16
Third quarter 2023 earnings released: EPS: ฿0.001 (vs ฿0.007 loss in 3Q 2022) Third quarter 2023 results: EPS: ฿0.001 (up from ฿0.007 loss in 3Q 2022). Revenue: ฿1.34b (up 78% from 3Q 2022). Net income: ฿5.10m (up ฿55.2m from 3Q 2022). Profit margin: 0.4% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 17
Second quarter 2023 earnings released: ฿0.006 loss per share (vs ฿0.005 loss in 2Q 2022) Second quarter 2023 results: ฿0.006 loss per share (further deteriorated from ฿0.005 loss in 2Q 2022). Revenue: ฿879.9m (up 33% from 2Q 2022). Net loss: ฿45.9m (loss widened 76% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 18
First quarter 2023 earnings released: ฿0.004 loss per share (vs ฿0.004 loss in 1Q 2022) First quarter 2023 results: ฿0.004 loss per share (in line with 1Q 2022). Revenue: ฿776.2m (up 31% from 1Q 2022). Net loss: ฿27.5m (loss widened 14% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Jan 16
General Engineering Public Company Limited, Annual General Meeting, Apr 27, 2023 General Engineering Public Company Limited, Annual General Meeting, Apr 27, 2023, at 14:30 Singapore Standard Time. Agenda: To consider and approve the investment in Inno Precast Company Limited by way of accepting the entire business transfer and the issuance of the Company's newly issued ordinary shares as a payment; to consider and approve the decrease of the Company' s registered capital and the amendment of the Company's Articles of Association to align with the capital decrease; to consider and approve the increase of the Company' s registered capital and the amendment of the Company's Articles of Association to align with the capital increase; to consider and approve the allocation of the newly issued ordinary shares. Reported Earnings • Nov 19
Third quarter 2022 earnings released: ฿0.007 loss per share (vs ฿0.01 loss in 3Q 2021) Third quarter 2022 results: ฿0.007 loss per share (improved from ฿0.01 loss in 3Q 2021). Revenue: ฿757.4m (up 137% from 3Q 2021). Net loss: ฿50.1m (loss narrowed 11% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Executive VP & Director Wisadja Kodchasena was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 19
Second quarter 2022 earnings released: ฿0.005 loss per share (vs ฿0.004 profit in 2Q 2021) Second quarter 2022 results: ฿0.005 loss per share (down from ฿0.004 profit in 2Q 2021). Revenue: ฿669.9m (up 87% from 2Q 2021). Net loss: ฿26.1m (down 226% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jul 13
General Engineering Public Company Limited Approves the Appointment Mrs.Linjong Srisongkhram to Be the Company's Executive Committee General Engineering Public Company Limited approved the appointment Mrs.Linjong Srisongkhram to be the Company's Executive Committee. The Board of Directors' Meeting had considered that Mrs.Linjong Srisongkram had knowledge and qualifications in according to the Public Limited Companies Act B.E. 2535 (1992) and do not have any prohibited characteristics pursuant to the announcement of the appointment of directors of the Securities and Exchange Commission and related authorities. As well as Mrs. Linjong Srisongkram has the qualifications suitable for the Company's business. Therefore, the structure of the Board of Directors and sub-committee as follows; Board of Directors: Prof. Dr. Borwornsak Uwanno - Chairman of the Board of Directors and Independent Director, Mr. Sophon Pholprasit - Vice Chairman of the Board and Independent Director, Mr. Wirach Morakotkarn - Independent Director, Mr. Thitipong Tangpoonphonvivat - Director, Dr. Vichya Kreangam - Independent Director, Mrs. Pannee Jarusombat - Independent Director, Mrs. Wisadja Kodchasena - Director and Mr. Wuttichai Sresthabutra - Director and Company Secretary. Executive Committee: Mr. Thitipong Tangpoonphonvivat - Chief Executive Officer, Mrs. Wisadja Kodchasena - Executive Committee, Mrs. Linjong Srisongkram - Executive Committee and Mr. Wuttichai Sresthabutra - - Executive Committee. Audit Committee: Mr. Wirach Morakotkarn - Chairman of Audit Committee, Mrs. Pannee Jarusombat - Audit Committee and Dr. Vichya Kreangam - Audit Committee. Nomination and Remuneration Committee: Mr. Sophon Pholprasit - Chairman of the Nomination and Remuneration Committee, Mr. Thitipong Tangpoonphonvivat - Nomination and Remuneration Committee and Dr. Vichya Kreangam - Nomination and Remuneration Committee. Corporate Governance Committee: Dr. Vichya Kreangam - Chairman of the Corporate Governance Committee, Mrs. Wisadja Kodchasena - Corporate Governance Committee and Mr. Wuttichai Sresthabutra Corporate Governance Committee. Risk Management Committee: Mr. Sophon Pholprasit Chairman of the Risk Management Committee, Mr. Chainarin Sairungsee - Risk Management Committee and Mrs. Wisadja Kodchasena - Risk Management Committee. In order to comply with the Good Corporate Governance, the changing structure of the Board of Directors and sub-committee will effect from July 12, 2022 onwards. Reported Earnings • May 19
First quarter 2022 earnings released: ฿0.004 loss per share (vs ฿0.004 loss in 1Q 2021) First quarter 2022 results: ฿0.004 loss per share (vs ฿0.004 loss in 1Q 2021). Revenue: ฿597.2m (up 54% from 1Q 2021). Net loss: ฿24.1m (loss widened 20% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Executive VP & Director Wisadja Kodchasena was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 07
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: ฿0.017 loss per share (up from ฿0.027 loss in FY 2020). Revenue: ฿1.67b (up 3.8% from FY 2020). Net loss: ฿93.4m (loss narrowed 35% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Mar 03
General Engineering Public Company Limited, Annual General Meeting, Apr 29, 2022 General Engineering Public Company Limited, Annual General Meeting, Apr 29, 2022, at 15:30 Singapore Standard Time. Agenda: To consider and acknowledge the Company's operating results for the year 2021; to consider and approve the statement of financial position and income statement for the year ended 31 December 2021; to consider and approve the omission of net profit allocation as a statutory reserve and omit from paying dividends from the Company's operating results for the year 2021; to consider and approve the appointment of directors to replace those who have retired by rotation; to consider and approve the determination of the Board of Directors' remuneration, Audit Committee, and other committees for the year 2022; to consider and approve the appointment of auditors and determine the audit fees of the Company and its subsidiaries for the year 2022; and to consider other matter. Reported Earnings • Nov 18
Third quarter 2021 earnings released: ฿0.01 loss per share (vs ฿0.012 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: ฿335.7m (down 3.9% from 3Q 2020). Net loss: ฿56.1m (loss narrowed 13% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 13% per year. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS ฿0.004 (vs ฿0.01 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿426.9m (up 1.8% from 2Q 2020). Net income: ฿20.7m (up ฿72.4m from 2Q 2020). Profit margin: 4.9% (up from net loss in 2Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat. Reported Earnings • May 19
First quarter 2021 earnings released: ฿0.004 loss per share (vs ฿0.009 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: ฿391.5m (down 1.8% from 1Q 2020). Net loss: ฿20.1m (loss narrowed 60% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 12
New 90-day high: ฿0.33 The company is up 65% from its price of ฿0.20 on 09 December 2020. The Thai market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is down 2.0% over the same period. Announcement • Mar 03
General Engineering Public Company Limited, Annual General Meeting, Apr 28, 2021 General Engineering Public Company Limited, Annual General Meeting, Apr 28, 2021, at 10:00 SE Asia Standard Time. Location: Kamolporn Room, The Sukosol 447 Si Ayuthaya Road, Thanon Phayathai Ratchathewi Bangkok Thailand Agenda: To approve the Minutes of the Annual General Meeting of shareholders for the year 2020; to acknowledge the report on the Company's operating results for the year 2020; to approve the statement of financial for the year ended 31 December 2020; to approve no appropriation of profit as the legal reserve and no dividend payment from the operating result of the year 2020; to approve the appointment of directors replacing those retired by rotation; and to consider other items. Reported Earnings • Mar 03
Full year 2020 earnings released: ฿0.027 loss per share (vs ฿0.051 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: ฿1.60b (down 22% from FY 2019). Net loss: ฿144.8m (loss narrowed 47% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 16
New 90-day high: ฿0.23 The company is up 28% from its price of ฿0.18 on 16 September 2020. The Thai market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 13% over the same period. Is New 90 Day High Low • Nov 25
New 90-day high: ฿0.21 The company is up 24% from its price of ฿0.17 on 27 August 2020. The Thai market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 2.0% over the same period. Reported Earnings • Nov 22
Third quarter 2020 earnings released: ฿0.012 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: ฿349.3m (down 34% from 3Q 2019). Net loss: ฿64.5m (loss widened 8.4% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 18
Third quarter 2020 earnings released: ฿0.012 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: ฿349.3m (down 34% from 3Q 2019). Net loss: ฿64.5m (loss widened 8.4% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. 
