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HONG KONG, April 28, 2025 (GLOBE NEWSWIRE) -- Powell Max Limited (NASDAQ:PMAX) (the "Company" or "Powell Max"), a financial communications services provider headquartered in Hong Kong, today announced the audited financial results of the Company and its subsidiary for the financial year ended December 31, 2024. Overview: Revenue was HK$36.5 million (US$4.7 million) for the year ended December 31, 2024, representing a decrease of 25.7% for the year ended December 31, 2023.Net loss was HK$18.1 million (US$2.3 million) for the year ended December 31, 2024, as compared with the profit for the year of HK$7.1 million for the year ended December 31, 2023. Financial Results for the year ended D
HONG KONG, March 11, 2025 (GLOBE NEWSWIRE) -- Powell Max Limited (NASDAQ:PMAX) (the "Company" or "Powell Max"), a financial communications services provider headquartered in Hong Kong, announced that it has received a notification letter (the "Notice") from the Nasdaq Stock Market LLC ("Nasdaq") that the Company is not in compliance with the $1.00 minimum bid price requirement for continued listing of the Company's Class A Ordinary Shares (the "Ordinary Shares") on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rules (the "Minimum Bid Price Requirement") because the closing bid price for the Ordinary Shares had been below $1.00 for 30 consecutive business days. The Notice ind
HONG KONG, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Powell Max Limited (NASDAQ:PMAX) (the "Company" or "Powell Max"), a financial communications services provider headquartered in Hong Kong, today announced that it has commenced activities to pursue acquisitions as part of its strategy to build and grow its business operations. The Company is currently evaluating several other financial communications service companies to continue its growth and enhance its market share in the financial communications industry in Hong Kong and Asia. Powell Max intends to acquire companies that are generating between $1.5 million and $5 million in gross annual revenue. The Company intends to retain most of the
6-K - Powell Max Ltd (0002012096) (Filer)
6-K - Powell Max Ltd (0002012096) (Filer)
20-F - Powell Max Ltd (0002012096) (Filer)