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MarketScreener Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  PAX Global Technology Limited    0327   BMG6955J1036

PAX GLOBAL TECHNOLOGY LIMITED

(0327)
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PAX Technology Launches Innovative Android and Unattended Terminals at Money 20/20 in Amsterdam

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06/04/2018 | 03:29am EST

SHENZHEN, China, June 04, 2018 (GLOBE NEWSWIRE) -- PAX Technology Limited (HKSE stock code:00327.HK), one of the world’s leading electronic payment terminal solutions providers, kicked off its Money 20/20 presence in Amsterdam today by showcasing a new portfolio of self-service unattended payment modules and its latest range of Android devices.

The A-Series mobile Android terminals from PAX offer merchants and cardholders a level of experience never seen before, thanks to expansive high-definition colour touchscreens which bring a smartphone like quality to the check-out payment experience. Inbuilt cameras, fast processing contactless readers and powerful thermal printers make the A-Series terminals popular for queue-busting and pay-at-the-table.

With the growth of Android and cloud based applications, come other advantages in terms of form factor differentiation, such as PAX’s E-Series family of new generation cash registers. Powered by innovative software and payment packages driven by Nordic companies such as Onslip and GoAppified, the E500, E600 and E800 offer retailers all-in-one integrated retail payment solutions, running state-of-the-art applications on brilliant displays, and improving the look and feel of workspace areas in restaurants, cafes, fashion stores and hotels.

PAX also showcased, for the first time in Europe, the new IM-Series of modular ruggedized payment devices for unattended usage. As the industry’s latest self-service offering, the IM-Series comes packed with technology and features which are superior to existing unattended solutions for petroleum forecourts, kiosk and vending, as well as ticketing and parking.

Mr. Andrew Wu, Vice President of PAX, said: We are delighted to see more and more European merchants adopting our Android terminal solutions to improve the customer checkout experience. Multifunctional Android terminals are reshaping traditional payment markets, offering high levels of integrated software customization which can be easily tailored to meet different merchant niches.

About PAX (www.pax.com.cn)

PAX Technology is an innovative global provider of electronic payment solutions, offering world-class, cost-effective and superior quality products. Building on its service excellence and proven leadership position, PAX is one of the fastest growing payment industry suppliers with state-of-the-art manufacturing facilities, excellent R&D capabilities and a worldwide network of sales and channel partners. PAX is listed on the Hong Kong stock exchange as PAX Global Technology Ltd. (00327.HK).

Contact: Mandy

+86-755-2661-2501

huangmt@paxsz.com

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© GlobeNewswire 2018
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Financials (HKD)
Sales 2019 4 708 M
EBIT 2019 693 M
Net income 2019 578 M
Debt 2019 -
Yield 2019 2,18%
P/E ratio 2019 7,87x
P/E ratio 2020 6,66x
Capi. / Sales2019 0,96x
Capi. / Sales2020 0,84x
Capitalization 4 504 M
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Mean consensus BUY
Number of Analysts 3
Average target price 4,39  HKD
Last Close Price 4,13  HKD
Spread / Highest target 38,7%
Spread / Average Target 6,38%
Spread / Lowest Target -16,5%
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Managers
NameTitle
Jie Lu Chief Executive Officer & Executive Director
Guo Ming Nie Chairman
Shi Yeung Cheung Chief Financial Officer & Joint-Secretary
Wen Jin Li Executive Director
Kwok Kuen Man Independent Non-Executive Director
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