Core Viewpoint - The global payment sector is poised for significant growth due to the recent signing of the US GENIUS Act and the implementation of Hong Kong's Stablecoin Regulation, which establish a regulatory framework for stablecoins, indicating a new era for the industry [1][5] Company Performance - In the first half of 2025, the company reported revenue of HKD 2.716 billion, with a gross profit of HKD 1.273 billion, resulting in a gross margin of 46.9% and a net profit of HKD 391 million [2] - The company declared an interim dividend of HKD 0.25 per share, reflecting a year-on-year increase of 4.2%, demonstrating its commitment to enhancing shareholder returns [1] Revenue Structure - The company's revenue breakdown shows that HKD 2.544 billion was generated from electronic payment terminal sales, while service revenue contributed HKD 172 million [3] - The EMEA region remains the largest contributor, generating HKD 1.084 billion in revenue, despite some sales slowdown in Europe [3] - In the USCA region, revenue increased by 39% year-on-year to HKD 499 million, driven by rising order volumes and demand for specific products [3] Market Dynamics - The company experienced steady growth in the APAC region, achieving HKD 449 million in revenue, with significant sales growth in Japan due to effective deployment of smart payment terminals [4] - Despite challenges in the LACIS region, particularly in Brazil, the company managed to achieve HKD 684 million in revenue, focusing on opportunities in Panama [4] Future Opportunities - The stablecoin payment sector is expected to see rapid growth, driven by regulatory developments and the need for efficiency in traditional financial systems [5][8] - The company aims to leverage its extensive sales network and SaaS ecosystem to replicate successful strategies in the stablecoin payment space, potentially creating new growth avenues [8] - The company is also focusing on optimizing its payment terminal product line and enhancing its SaaS ecosystem, with plans to integrate artificial intelligence to improve service capabilities [8]
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