Dividend increased to HK$ 0.24 per share with payout ratio of 56.5%
PAX recorded revenue of HK$ 3,013 million (c. USD 387 million)
Android SmartPOS sales accounted for >50% of revenue
Gross profit margin increased to 46.8%
With the shift in payment demands beyond mere transactions, Android SmartPOS is emerging as the the preferred solution. PAX is dedicated to offering a wider product portfolio & driving innovation in SaaS for diversified merchant segments. - Mr. Jack LU, Chief Executive Officer of PAX
PAX France gains landmark PLBS certification for Android SmartPOS
PAX France received approval from GIE-CB for a software solution that caters to merchants in the equipment rental business, as well as hotel & event bookings.
With PAX partner ASCAN, Singapore Mass Rapid Transit launched the "Tap For Hope" initiative. This collaboration underscores our commitment to empowering technology for positive social impact.
Commuters can now easily donate using PAX IM30 devices at donation stands with EZ-Link cards, Master, Visa, e-wallets, or PayNow QR codes.
Sampath Bank unveils PAX D188 MiniPOS for SMEs in Sri Lanka
SME payments are being modernized in Sri Lanka, since Sampath Bank began deploying compact PAX D188 MiniPOS terminals to support both international payment schemes Visa, Mastercard, China Union Pay, JCB, and regional schemes like Lanka QR & UPI.
PAX is a world-leading provider of electronic payment terminals solutions and related services with excellent R&D capabilities and a worldwide network of sales and channel partners. PAX is included in MSCI Hong Kong Small Cap Index and Hang Seng Sub-indexes, and is also eligible for trading under the Shanghai-Hong Kong Stock Connect & Shenzhen-Hong Kong Stock Connect.
Should you have any questions regarding investor relations, please contact our IR representatives, Mr. Calvin Pei and Ms. Mina Pang via email at ir@pax.com.hk. To read previous newsletters, please click here.
