The Times Australia
Fisher and Paykel Appliances
News From Asia

.

EFT Solutions Awarded as "Asia Best Under A Billion" by Forbes

HONG KONG SAR - Media OutReach Newswire - 24 October 2024 - EFT Solutions Holding Limited ("EFT Solutions" or the "Company", together with its subsidiaries, the "Group"; stock code: 8062.HK), a leading electronic fund transfer point-of-sales ("EFT-POS") solutions provider, is pleased to announce that it was accredited as "Asia Best Under A Billion" by Forbes, a renowned international financial magazine.



Forbes "Asia Best Under A Billion" aims to honor high-performing Asia-Pacific listed companies with sustainable long-term growth. The panel of judges evaluates over 20,000 listed companies across the region, selecting 200 standout enterprises based on their comprehensive scores. The evaluation encompasses the company's performance metrics over the most recent fiscal year and the preceding three years. This includes an analysis of debt levels, revenue growth, and earnings per share growth.

Furthermore, the assessment also considers the strongest annual return on equity as well as the five-year average return on equity, ensuring a thorough and rigorous appraisal of each company's financial health and performance.

Mr. Andrew Lo Chun-kit, Chairman and CEO of EFT Solutions, said, "We are honored to be recognized by Forbes as one of the enterprises in 'Asia Best Under A Billion,' which reflects the long-term development direction of our group and the confidence of our investors. The business landscape is rapidly evolving, particularly in the electronic payment sector. As a leading local provider of electronic payment terminal solutions, we are dedicated to delivering innovative and diverse electronic payment solutions to our clients over the years, thereby fully addressing their system integration needs.

Looking ahead, we will continue to develop and provide various technological support to create more cashless payment scenarios for consumers. Additionally, we are actively exploring opportunities to export our electronic payment solutions to overseas markets, aiding in the establishment of relevant ecosystems in different regions, as well as ensuring stable growth and deliver optimal returns to shareholders in a volatile economic environment. "

Click here for HD photo.
Hashtag: #EFTSolutions #Forbes #AsiaBestUnderABillion

The issuer is solely responsible for the content of this announcement.

EFT Solutions Holdings Limited

EFT Solutions Holdings Limited (Stock Code: 8062.HK) has been committed to providing a full range of "EFT-POS" electronic payment solutions, including supporting software, terminals and peripheral devices, to bring convenience to people and improve their quality of life. It aims at providing the most suitable electronic payment solutions for different customers, as well as providing value added functions for EFT-POS terminals, and coordinating terminal installation and maintenance services. Its EFT-POS terminal services cover renowned restaurant group, banks, major chain stores and department stores in Hong Kong, and will be deployed across various APAC countries.

Times Magazine

Can bigger-is-better ‘scaling laws’ keep AI improving forever? History says we can’t be too sure

OpenAI chief executive Sam Altman – perhaps the most prominent face of the artificial intellig...

A backlash against AI imagery in ads may have begun as brands promote ‘human-made’

In a wave of new ads, brands like Heineken, Polaroid and Cadbury have started hating on artifici...

Home batteries now four times the size as new installers enter the market

Australians are investing in larger home battery set ups than ever before with data showing the ...

Q&A with Freya Alexander – the young artist transforming co-working spaces into creative galleries

As the current Artist in Residence at Hub Australia, Freya Alexander is bringing colour and creativi...

This Christmas, Give the Navman Gift That Never Stops Giving – Safety

Protect your loved one’s drives with a Navman Dash Cam.  This Christmas don’t just give – prote...

Yoto now available in Kmart and The Memo, bringing screen-free storytelling to Australian families

Yoto, the kids’ audio platform inspiring creativity and imagination around the world, has launched i...

The Times Features

The rise of chatbot therapists: Why AI cannot replace human care

Some are dubbing AI as the fourth industrial revolution, with the sweeping changes it is propellin...

Australians Can Now Experience The World of Wicked Across Universal Studios Singapore and Resorts World Sentosa

This holiday season, Resorts World Sentosa (RWS), in partnership with Universal Pictures, Sentosa ...

Mineral vs chemical sunscreens? Science shows the difference is smaller than you think

“Mineral-only” sunscreens are making huge inroads[1] into the sunscreen market, driven by fears of “...

Here’s what new debt-to-income home loan caps mean for banks and borrowers

For the first time ever, the Australian banking regulator has announced it will impose new debt-...

Why the Mortgage Industry Needs More Women (And What We're Actually Doing About It)

I've been in fintech and the mortgage industry for about a year and a half now. My background is i...

Inflation jumps in October, adding to pressure on government to make budget savings

Annual inflation rose[1] to a 16-month high of 3.8% in October, adding to pressure on the govern...

Transforming Addiction Treatment Marketing Across Australasia & Southeast Asia

In a competitive and highly regulated space like addiction treatment, standing out online is no sm...

Aiper Scuba X1 Robotic Pool Cleaner Review: Powerful Cleaning, Smart Design

If you’re anything like me, the dream is a pool that always looks swimmable without you having to ha...

YepAI Emerges as AI Dark Horse, Launches V3 SuperAgent to Revolutionize E-commerce

November 24, 2025 – YepAI today announced the launch of its V3 SuperAgent, an enhanced AI platf...