PAX Global Technology's 2024 Profit Plummets 38%

MT Newswires Live
21 Mar

PAX Global Technology's (HKG:0327) attributable profit plummeted 38% to HK$713.4 million in 2024 from HK$1.16 billion in 2023, according to a Thursday filing with the Hong Kong bourse.

Earnings per share at the payment terminals manufacturer decreased 37% to HK$0.658 from HK$1.051 in the previous year.

Revenue declined 9.9% to HK$6.04 billion from HK$6.70 billion a year earlier.

The company declared a final dividend of HK$0.25 per share, payable June 26 to shareholders on record as of June 6.

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