PTB announced H1 2020 results, in which revenue was flat (Q2 2020: -1% YoY) while NPAT-MI plummeted 24% YoY (Q2 2020: -23% YoY). These sluggish results were due to a loss in the auto dealership segment as COVID-19 dampened auto consumption, in addition to a 33% YoY decline in stone PBT in H1 2020 that was caused by PTB’s price discounts to offload its inventory amid softer domestic granite stone demand.