Futu News, June 29th, this Wednesday $BOARDWARE INTEL (01204.HK)$Announcement: The company will conduct a stock offering from June 29 to July 5, planning to issue 0.125 billion shares, including 12.5 million shares for public offering and 0.1125 billion shares for international offering, with an offering price per share of 1.08-1.26 Hong Kong dollars, in lots of 2,000 shares each. Expect to be listed on July 15.
The company is headquartered in Macau, China and is a leading company in the Macau market for IT solutions. In addition, the company is engaged in the distribution and resale of hardware and software.
The company's customer base includes globally renowned enterprises or institutions in the telecommunications, media and technology, gambling and hotel sectors, as well as government departments.
According to Frost Sullivan data, based on revenue, the company ranked first in Macau's IT solutions market in 2021, with a market share of 25.8%.
In terms of finance, in the fiscal years 2019-2021, the company achieved revenues of HKD 0.503 billion, HKD 0.475 billion, and HKD 0.534 billion respectively, with net profits of HKD 25.22 million, HKD 29.858 million, and HKD 24.003 million respectively.
In terms of the industry, driven by the increasing application of information technology and digitization across all industries in Macau, the IT solutions market grew from MOP 1.637 billion in 2016 to MOP 1.951 billion in 2019, with a compound annual growth rate of 6.03%.
Although the IT solution market size in Macau in 2020 decreased due to the impact of the epidemic, the demand for digital transformation in the gambling industry increased significantly, driving the IT market to new growth points.