Hong Kong's Pax Global H1 revenue rises on increased demand for e-payment terminals products

Pax Global Technology

18/08/2026 12:15

Overview
Hong Kong e-payment terminals maker's interim revenue up 15%, driven by global market demand
Net profit attributable to shareholders rose 33% for the six months ended 30 June 2026
Gross margin declined due to higher raw material costs and RMB appreciation

Outlook
Company says component cost pressures from tight general-purpose memory chip supply are expected to persist through H2 2026 and beyond
Company says it will invest further in Japan, Thailand and Singapore and deepen local payment-partner relationships

Result Drivers
PRODUCT SALES GROWTH - Revenue growth driven by increased demand for e-payment terminals products across multiple regions
SERVICE REVENUE DECLINE - Lower service revenue due to reduced demand for maintenance, installation and SaaS solutions
GROSS MARGIN PRESSURE - Gross margin fell due to higher raw material costs and RMB appreciation

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
HK$3.14 bln
 
H1 Net Income Attributable
 
HK$518.23 mln
 

Analyst Coverage
The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago

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Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-18/3760ea1f-568f-45a3-bdc0-aa76b0ff530c.file
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)