Reported 8 months ago
Green World Technology, a third-party payment company, held its shareholders' meeting on June 19, 2024, and approved the 2023 financial report. They elected a new board member and appointed Leong Wai Shing as the new chairman, succeeding Lin Xuehui who resigned in February. In response to fierce competition and emerging players in the market, Green World plans to offer value-added services and expand into consumer-facing payment apps. They achieved a revenue of 1.594 billion Yuan last year, a 3.4% increase, with a net profit of 396 million Yuan, an 8.8% increase, and a per share after-tax net profit of 21.66 Yuan, surpassing the previous year's 20.86 Yuan. The shareholders' meeting also approved a cash dividend of 9.1 Yuan for the second half of 2023. Furthermore, the launch of the 'Green World Big Data Platform' is scheduled for July, allowing sellers to identify potential consumers and reduce unnecessary costs by aggregating data and charts on industry categories and product types. Their self-developed consumer payment app, 'Green World Pay,' is also planned to be launched in the third quarter of 2024.
Source: YAHOO