The Times Australia
Google AI
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

Freak Weather Spikes ‘Allergic Disease’ and Eczema As Temperatures Dip

“Allergic disease” and eczema cases are spiking due to the current freak weather as the Bureau o...

IPECS Phone System in 2026: The Future of Smart Business Communication

By 2026, business communication is no longer just about making and receiving calls. It’s about speed...

With Nvidia’s second-best AI chips headed for China, the US shifts priorities from security to trade

This week, US President Donald Trump approved previously banned exports[1] of Nvidia’s powerful ...

Navman MiVue™ True 4K PRO Surround honest review

If you drive a car, you should have a dashcam. Need convincing? All I ask that you do is search fo...

Australia’s supercomputers are falling behind – and it’s hurting our ability to adapt to climate change

As Earth continues to warm, Australia faces some important decisions. For example, where shou...

Australia’s electric vehicle surge — EVs and hybrids hit record levels

Australians are increasingly embracing electric and hybrid cars, with 2025 shaping up as the str...

The Times Features

How to beat the post-holiday blues

As the summer holidays come to an end, many Aussies will be dreading their return to work and st...

The Fears Australians Have About Getting Involved With Cryptocurrency

Cryptocurrency is no longer a fringe topic. It is discussed in boardrooms, on trading apps, and at...

The Quintessential Australian Road Trip

Mallacoota to Coolangatta — places to stay and things to see There are few journeys that captur...

Fitstop Just Got a New Look - And It’s All About Power, Progress and Feeling Strong

Fitstop has unveiled a bold new brand look designed to match how its members actually train: strong...

What We Know About Zenless Zone Zero 2.6 So Far

Zenless Zone Zero is currently enjoying its 2.5 version update with new characters like Ye Shunguang...

For Young People, Life Is an All-New Adventure. For Older People, Memories of Good Times and Lost Friends Come to Mind

Life does not stand still. It moves forward relentlessly, but it does not move the same way for ...

Single and Ready to Mingle – the Coffee Trend Australians Can Expect in 2026

Single-origin coffee is expected to increase in popularity among coffee drinkers over the next 12 ...

The Evolution of Retail: From Bricks and Mortar to Online — What’s Next?

Retail has always been a mirror of society. As populations grew, cities formed, technology advan...

How hot is too hot? Here’s what to consider when exercising in the heat

If you like to exercise outdoors, summer gives you more chance to catch the daylight. It’s often...