• Home
• Media Outreach
• EFT announces positive profit alert and expects a substantial increase in profit for 2018/19FY 1H

Kamis, 08 November 2018 12:59:00

EFT announces positive profit alert and expects a substantial increase in profit for 2018/19FY 1H

HONG KONG, CHINA - Media OutReach - 7 November 2018 - EFT Solutions Holdings Limited ("EFT", Stock Code: 8062), a leading electronic fund transfer at point-of-sale ("EFT-POS") solution provider in Hong Kong, is pleased to announce that, the Group is expected to record a substantial increase in its profit for the period for the six months ended 30 September 2018 ("2018/19FY 1H") as compared to the corresponding period in the previous year. Such increase was mainly attributable to the increase in sourcing of EFT-POS terminals and peripheral devices and the contributions from provision of point of sale software solutions services with the completion of acquisition of Earn World Development Limited on 31 May 2018.

Mr. Lo Chun Kit Andrew, Chairman, Chief Executive Officer and Executive Director of EFT said, "The implementation of Faster Payment System in September 2018 by the Hong Kong Monetary Authority has accelerated the development of electronic payment and e-wallet in Hong Kong. It is anticipated that electronic payment will become more popular with various ways of usage. The group will continue to penetrate into electronic payment market, to achieve business growth as well as maximize return of our shareholders and investors."

About EFT Solutions Holdings Limited

EFT Solutions Holdings Limited (Stock Code: 8062) has been committed to providing a full range of electronic payment solutions, supporting software and peripheral devices. It aims at providing the most suitable electronic payment solution for different customers, as well as providing add-value function for EFT-POS terminal, and coordinating terminal installation and maintenance service. Its EFT-POS terminal service covers major chain stores and department stores in Hong Kong.

3 minggu lalu

Capital Markets Malaysia dan Climate Bonds Initiative meluncurkan Perangkat Strategi Transisi untuk mempercepat laju dan skala pendanaan transisi

Climate Bonds Initiative adalah organisasi internasional yang berupaya memobilisasi modal global untuk aksi iklim, melalui pengembangan Standar dan Skema Sertifikasi Climate Bonds,

3 minggu lalu

Natural Catastrophes Caused USD 65 Billion Economic Loss in Asia Pacific in 2023, Aon reports

melindungi portofolio mereka dari risiko keuangan; mengambil manfaat dari peluang pertumbuhan dalam solusi iklim; dan menentukan cara memberikan dampak positif dan berperan dalam d

3 minggu lalu

Amazon Papyrus Meluncurkan Identitas Merek dan Logo yang Disegarkan - Memperkuat Komitmen terhadap Inovasi dan Pertumbuhan

Dengan dedikasi yang teguh terhadap inovasi dan kualitas, APC Group siap untuk terus membentuk masa depan proses manufaktur industri.

3 minggu lalu

Pendekatan regeneratif penting untuk menyelaraskan ambisi dan tindakan keberlanjutan dalam pertumbuhan ekonomi Asia Pasifik: Kearney

Studi ini mengukur apakah para eksekutif yakin bahwa target mereka dapat dicapai dan menggali aspek-aspek seperti greenwashing dan insentif manajemen.