PAX Global's H1 Profit, Revenue Falls; Shares Lose 1%

MT Newswires Live
08/19

PAX Global Technology (HKG:0327) reported HK$390.9 million in profit attributable to shareholders for the six months ended June 30, down 14% from HK$454.6 million a year earlier, according to a Monday Hong Kong bourse filing.

Shares of the e-payment terminal product developer were down nearly 1% in Tuesday morning trade.

Earnings per share came in at HK$0.363, compared with HK$0.416 last year.

Revenue for the period fell nearly 10% to HK$2.72 billion from HK$3.01 billion.

The board declared an interim dividend of HK$0.25 per share, up from HK$0.24 a year earlier.

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