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Hong Kong's PAX Global Technology sees up to 25% net profit growth in 2018

Hong Kong-based e-payment solution provider PAX Global Technology Ltd. said it expects its full-year 2018 net profit to grow between 15% to 25% year over year.

The company said March 7 that it expects its gross profit margin to grow between 34% and 37% and its operating profit margin to grow between 11% to 13% in 2018.