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Public company info - Inno-Tech Holdings Ltd. , 08202.HK
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Inno-Tech Holdings Ltd., 08202.HK - Company Profile
Chairman Zheng Pin
Share Issued (share) 1,128,000,000
Par Currency Hong Kong Dollar
Par Value 0.01
Industry Advertising
Corporate Profile Business Summary: The Group is principally engaged in buses and bus stations advertising business in the People’s Republic of China (the “PRC”). Performance for the year: The Group reported are venue of approximately HK$33,272,000 for the year ended 30 June 2018, representing a decrease of approximately 30.65% compared with the revenue of approximately HK$48,121,000 for the year ended 30 June 2017. Basic earning per share as at 30 June 2018 was HK$0.394 (2017: basic loss per share HK$2.01). Business review: Buses and bus stations advertising business in the PRC The Group continues to focus on the business operations of having outdoor advertising on buses and bus stations. The major customers in such business segment include media agency and customers of medical and communications industry. The major suppliers include bus and bus stations owners and advertising production companies for provision of outdoor media resources. It persistently pursues the development in the following possible ways: – Expands the advertising network; – Expands the customer base; – Increases the utilization of the Group’s media resources; – Enhances pricing strategy; and – Focuses on sales and marketing. During the year ended 30 June 2018, the Group’s buses and bus stations advertising business in the PRC reported a 39% decrease in revenue to HK$28,530,000 from HK$46,785,000 in 2017. Television advertising business in the PRC Due to challenging and competitive operating environment in the PRC, the Group has scaled down the investment in this sector in order to allocate more resources on other major sectors and explore new business opportunities. There is no revenue reporting for the year ended 30 June 2018 (2017: Nil). Event management and marketing services in Hong Kong The Group would provide tailor-made and customized services for clients according to their specific needs for event promotion, event organization and event arrangement. For the year ended 30 June 2018, the Group’s event management and marketing services business in Hong Kong reported revenue amounting to approximately HK$4,373,000 (2017: approximately HK$1,336,000). Hong Kong has received worldwide recognition as one of the best destinations for meetings, incentives, conventions and exhibitions and business travelers. As such, it is foreseeable that there will be demand for event management and marketing services and the prospect of this business segment is optimistic. Prospects: The board of directors of the Company (the “Board”) will continue to explore and evaluate new businesses and investment opportunities which could be of good potential and/ or long-term benefit to the Group and the shareholders of the Company (the “Shareholders”). The Board will take a cautious and conservative approach in the evaluation and timing of potential projects or investments, including and constantly keep reviewing the Group’s strategies and operations with a view to improve its business performance and Shareholders’ returns.

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