Fortune Global Released Revenue Growth Of 26.2% Over The Same Period Last Year
On August 15th, electronic payment terminal solution provider BW global released the first half of 2019 performance report. According to the report, the company's revenue in the first half of the year was HK $2 billion 366 million, an increase of 26.2% over the same period last year, and net profit of HK $325 million, an increase of 25.9% over the same period last year. Among them, the sales revenue of electronic payment terminal products was HK $2 billion 322 million, and the service revenue was HK $43 thousand.
However, the global financial report also showed that the sales volume of the company's overseas markets increased generally, due to fierce price competition. However, it only dropped by 43.9% in mainland China, and the proportion of total sales in 2018 dropped to 15.2% in 2019. Moreover, the Internet O2O platform, which holds 51% of its value added business, said that it was already in liquidation process.
According to the media, in June 21st, the world's Kopernik Global Investors LLC also gained 300 thousand shares in the average price of HK $2.9639 per share, involving about HK $889 thousand and 200. After the increase, the latest holdings of Kopernik Global Investors amounted to 77108000 shares.
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