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| Profit Attributable to Owners Surges by 60% to HK$9,820,000 |
HONG KONG, Aug 6, 2013 - (ACN Newswire) - ETS Group Limited ("ETS" or the "Group") (Stock Code: 8031), one of the largest multi-media contact centre service providers in Hong Kong, today announced its unaudited interim results for the six months ended 30 June 2013 (the "period").
Results Highlights
-- Profit attributable to owners of the Company surged 60% to HK$9,820,000
-- Gross profit margin increased to 19.8%
-- Declared interim dividend of HK 0.9 cents per share (1H2012: HK 2.1 cents)
-- Further expanded into high profit margin facilities management services by setting up the Elite Business Centre
-- Acquisition of new business in the PRC to benefit the development of WISE-xb systems and the Group's expansion in both Hong Kong and the PRC market.
During the period, the Group recorded revenue of HK$77,232,000 (1H2012: HK$84,650,000). Gross profit margin increased to approximately 19.8%. Profit attributable to owners of the Company surged approximately 60% to HK$9,820,000, mainly attributable to the increase of the profit generated from sales of systems and software and the stringent control of employee benefits expenses. Earnings per share were up by approximately 59% to HK3.5 cents. The Board of Directors recommends the payment of an interim dividend of HK 0.9 cents per share (1H2012: HK 2.1 cents).
The outsourcing inbound contact service, outsourcing outbound contact service, staff insourcing service, contact service centre facilities management service and others accounted for approximately 6%, 42%, 28%, 19% and 5% of the Group's unaudited total revenue for the period respectively.
To maximise the Group's profit margin, it has tapped a new market segment by setting up the Elite Business Centre. To support the Group's self-developed multi-media WISE-xb Contact Centre System with the latest technology, the Group has continuously expanded and enhanced its contact centre system and software during the period.
Looking ahead, the Group will continue to explore the opportunity to extend its development of the WISE-xb Systems to the PRC market. On 5 July 2013, the Group has entered into a conditional sale and purchase agreement to purchase Epro BPO Services Limited through its own subsidiary at a consideration of HK$3,100,000. Epro BPO Services Limited's subsidiary has entered into control agreements with Guangzhou Junfeng Network Technology Limited, which is principally engaged in the development of computer network and technical services, call centre and information services in the PRC. The Board believes that the acquisition can benefit the existing development of the WISE-xb Systems, lower the cost for development and strengthen the Group's future involvement in both Hong Kong and the PRC.
Mr Wong Wai Hon, Telly, Chairman and Executive Director of the Group, commented, "We are excited to achieve a robust profit growth during the first half of 2013, especially as the overall business environment has remained challenging. We are confident that the newly acquired PRC Company will enhance our expansion in both Hong Kong and the China market and enlarge our revenue base."
Contact:
Strategic Financial Relations Limited
Vicky Lee
Tel: 2864 4834 / 9471 2009
Email: vicky.lee@sprg.com.hk
Katrina Leung
Tel: 2864 4857 / 6771 4711
Email: katrina.leung@sprg.com.hk
Vanessa Zhang
Tel: 2114 4981 / 6208 1156
Email: vanessa.zhang@sprg.com.hk
Fax: 2527 1196
Website: www.sprg.com.hk
Topic: Press release summary
Source: ETS Group Limited
Sectors: Media & Marketing, Daily Finance, IT Individual, Daily News
https://www.acnnewswire.com
From the Asia Corporate News Network
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