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EPRINT集团有限公司(01884.HK)首次公开发售

EPRINT GROUP LTD. (01884.HK) initial public sale

時富證券 ·  Nov 21, 2013 00:00  · Researches

eprint Group is one of the leading printing service providers in Hong Kong. It provides high-quality and fast printing and processing services for various types of paper products designed by customers through extensive sales channels, complete information technology infrastructure and production facilities in Hong Kong, especially advertising printing, hardcover book printing and stationery printing to meet the different needs of customers. Its sales channels are mainly composed of stores and websites. Customers can also place orders with the Group via phone or email, and their customer support team will process them. As of the last practical date, the Group operated a total of 13 “e-print” stores and 3 “Invoice” stores in Hong Kong, and was also responsible for maintaining 4 websites for sales and promotion purposes. For the years ended 31 March 2011, 2012 and 2013, the Group's profit was divided into HK$22.9 million, HK$41.9 million and HK$42.6 million; the compound annual growth rate was approximately 36.4%. For the four months ended July 31, 2013, the Group's revenue and profit split were approximately HK$101.6 million and HK$4.7 million. The intended use of the proceeds assumes that the over-allotment rights have not been exercised. Based on the median offer price of HK$0.93 per share, the net proceeds from the sale of shares are estimated to be approximately HK$89.7 million.

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