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Public company info - Smart Globe Holdings Limited , 01481.HK

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Smart Globe Holdings Limited, 01481.HK - Company Profile
Chairman Lam Tak Ling Derek
Share Issued (share) 1,000,000,000
Par Currency Hong Kong Dollar
Par Value 0.01
Industry Printing, Publishing & Packaging
Corporate Profile Business Summary: The Group is a one-stop printing service provider with an international customer base, offering a full suite of services from pre-press, offset printing to post-press services, which satisfy customers’ specific needs for different layout, colour, printing, binding and finishing requirements. Performance for the year: The Group’s revenue amounted to approximately HK$132.2 million for the year ended 31 December 2019 (“FY19”) (2018: approximately HK$123.8 million), representing an increase of approximately 6.8% as compared to the year ended 31 December 2018 (“FY18”). Basic earnings per share for FY19 was approximately HK$2.31 cents (FY18: HK$1.78 cents). Gross profit margin increased from approximately 35.9% in FY18 to approximately 37.8% in FY19. Business Review For FY19, the Group recorded an increase in its total revenue by approximately 6.8% to approximately HK$132.2 million from approximately HK$123.8 million in FY18. This was mainly due to the increase in sale in the book product segment in the United States (“U.S.”) and Hong Kong (“HK”). Profit of the Company was approximately HK$23.1 million, representing an increase of 29.7% from approximately HK$17.8 million in FY18. During FY19, approximately 82.7% of total revenue was contributed by the book products segment amounting to approximately HK$109.3 million (FY18: approximately HK$101.7 million). This segment’s performance remains stable for the year under review. As a strategy to maintain competitiveness in the current operating environment, the Group continue to extend its geographical reach of customers during FY19. Revenues were generated from areas such as the U.S., the People’s Republic of China (the “PRC”) (including Hong Kong), the United Kingdom and the Netherlands, representing 23.7%, 43.9%, 11.8% and 10.4% of the Group’s total revenue, respectively. Prospects: In the year ahead, the Group will continue to explore and capture new business opportunities for potential growth by enhancing the Group's marketing strategy to expand the Group's quality customer base and promote the Group's one-stop printing services to existing and potential customers as well as the Group will strive to further tighten control over its operating expenses and streamline the production processes. Meanwhile, by leveraging its leading one-stop printing platform, the Group will continue to invest in enhancing its capabilities to improve the overall production efficiency and prepare for any opportunity and potential growth in the future. The Group will also cautiously explore viable investment and acquisition opportunities that can enhance value of the shareholders of the Company (“Shareholders”).

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