Stock price : HK$ 8.25 (Mar 30, 2021)
Market cap : HK$ 8.97 billion
2020 Annual Results Highlights
PAX has announced stunning 2020 annual results, Revenue reached HKD 5.7 billion (+15% YoY):
+47% in USCA, +37% in EMEA, +12% in APAC, +8% in LACIS - Profit for the year reached a record high of HKD 904 million (+45% YoY)
- Proposed final dividend of HK 10 cents per ordinary share (+67% YoY)
The global electronic payment market is entering a period of rapid growth as consumers
ramp up the adoption of contactless transactions. Major banks and acquirers around the world are expected to step up their efforts to prepare for the recovery of the retail and hospitality industry, and merchants are accelerating their adoption of Android-based payment terminals to deliver greater business flexibility. Leveraging on our diversified solutions and extensive global sales network, PAX is poised to embrace the huge market opportunities presented by the increasingly cashless world. - Mr. Jack LU, PAX Global CEO
UTP and PAX partner to launch Android payment solutions across Europe
PAX has partnered with UTP Merchant Services, a European-based ISO, to offer PAX’s Android payment devices with the UTP EPOS and payments solution in Europe.
PAX provides mobile payment solution for Scholastic book fair in the United States
PAX's iconic E500 solutions provided a secure payment experience for Scholastic Book Fair.
PAX Global Technology Limited (327.HK) is a world-leading provider of electronic payment terminals solutions and related services with state-of-the-art manufacturing facilities, excellent R&D capabilities and a worldwide network of sales and channel partners.
IR contacts:
Mr. Calvin Pei / Ms. Mina Pang
ir@pax.com.hk
+852 2500 8510
Address:
Room 2504, 25/F, Sun Hung Kai Centre, 30 Harbour Road, Wan Chai, Hong Kong
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