Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
eprint Group Ltd. ( (HK:1884) ) has issued an announcement.
e-banner Limited, an indirect non-wholly owned subsidiary of eprint Group Limited, has agreed to purchase new printing machinery from Asia Million Technology Limited for HK$3,040,800, with payment split between a 40% deposit on signing and 60% upon delivery. The investment, funded by internal resources and awarded via a tender in which the vendor offered the lowest price, is intended to enhance automation, real-time production monitoring, flexibility, and overall efficiency, reducing manual labor while improving customer experience and satisfaction; the board regards the terms as fair and in shareholders’ interests, and the transaction qualifies as a discloseable transaction under Hong Kong listing rules, triggering reporting and announcement requirements.
The most recent analyst rating on (HK:1884) stock is a Hold with a HK$0.11 price target. To see the full list of analyst forecasts on eprint Group Ltd. stock, see the HK:1884 Stock Forecast page.
More about eprint Group Ltd.
eprint Group Limited is an investment holding company whose subsidiaries provide printing services to a diversified customer base in Hong Kong, including solutions for advertising, bound books and stationery. Its indirect non-wholly owned subsidiary e-banner Limited focuses on banner printing products and services in the Hong Kong market.
Average Trading Volume: 320,240
Technical Sentiment Signal: Sell
Current Market Cap: HK$61.6M
Find detailed analytics on 1884 stock on TipRanks’ Stock Analysis page.