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327 — Pax Global Technology News Story

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Brief: Pax Global Technology HY net profit hk$310.6 million

Aug 9 (Reuters) - PAX Global Technology Ltd  0327.HK : 
 * HY revenue hk$1.33 billion, up 20.3% 
 * Board has resolved to declare an interim dividend of hk$0.04 per ordinary 
   share for the six months ended 30 June 2016 
 * HY net profit hk$310.6 million versus hk$ 309.0 million 
 * Expects that shipment volume in the China market will maintain growth in the 
   short run" 
 * Anticipated that new acquiring policies will be implemented in the China 
   market starting from the second half of 2016 
 * Expects that the group's overseas sales shall constitute 60-70% of overall 
   revenue throughout the next three years" 
 
 * Source text for Eikon  ID:nHKS1cZb6m  
 
((Further company coverage:  0327.HK )) 
((Bangalore.newsroom@thomsonreuters.com))

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