Shenzhen, China – Nov. 6, 2013
PAX Technology, a leading global provider of electronic payment terminals, today announced that PAX Global Technology (0327.HK) has been listed in Forbes Asia 200 Best Under A Billion Companies.
The list is a selection of 200 leading companies from a universe of 15,000 public companies in the Asia Pacific region with annual revenue between US$5 million to US$1 billion. The qualified firms are measured comparatively based on the following criteria: five-year average return on equity and pre-tax margin greater than 10%; positive sales and earnings per share growth for both the most recent fiscal one and three-year periods; debt less than 75% of shareholders’ equity; and a trading history of at least one year.
This award truly reflects the exemplary performance of PAX in electronic payment fields. PAX has a very focused product roadmap, and continues to provide innovative, cost effective and superior quality products and services to clients worldwide.
About PAX (www.pax.com.cn)
PAX Technology Limited (“PAX”) is an innovative global provider of electronic payment solutions offering world-class, cost effective and superior quality payment solutions. Building on its service excellence and proven leadership position, PAX is considered one of the fastest growing payment solution providers with world-class manufacturing and R&D capabilities and a growing sales and channel partner network across the globe.