2020-02-27 Press Release: Plover Bay Technologies Announces 2019 Annual Results

Plover Bay Technologies Announces 2019 Full Year Results

SUMMARY

  • Revenue for the year ended 31 December 2019 reached approximately US$45,910,000, an increase of approximately 9.8% over the year ended 31 December 2018.
  • Profit attributable to the owners of the Company for the year ended 31 December 2019 was approximately US$12,089,000, representing an increase of approximately 13.8% over the year ended 31 December 2018.
  • Basic earnings per share for the year ended 31 December 2019 was approximately US1.17 cents, an increase of approximately 12.5% over the year ended 31 December 2018.
  • The Board has resolved to declare a second interim dividend of HK4.64 cents per share and a special dividend of HK2.98 cents per share for the year ended 31 December 2019, respectively, and are expected to be paid on 27 March 2020 to the shareholders whose names appear in the Company’s register of members on 13 March 2020.

 

About Plover Bay Technologies Limited

Plover Bay Technologies (stock code: 1523) is a world-leading Internet connectivity technology company. The Group is primarily engaged in developing and commercialising SD-WAN solutions under its own brands – ‘Peplink’ and ‘Pepwave.’ The Group also grants software licences and provides support services in connection with its SD-WAN solutions. The Group sells its own branded products to an extensive global network of more than 500 resellers in approximately 70 countries.

For more details, please visit www.ploverbay.com

Enquiries:
Phone: +852 2990 7667
Email: [email protected]

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