21st Jul 2015 07:01
21 July 2015
Galasys PLC
("Galasys" or the "Group")
Trading Update
Galasys PLC (AIM:GLS), the leading provider of solutions and services to the fast growing theme park industry in Asia, today announces an update on trading ahead of the half year results for the six months ended 30 June 2015, which Galasys will publish in early September 2015.
The Board is pleased to report that Galasys has delivered a solid performance in the first half of the year and, as a result, anticipates delivering results for the full year in line with market expectations.
During the period Galasys has won significant new contracts in China, the Philippines and Malaysia, and its partnership with the Xinjiang Tourism Association and collaboration agreement with Shiji (Hong Kong) are expected to provide many more opportunities going forward. The Board therefore looks forward to the remainder of the year with confidence.
For further information, please contact:
Galasys PLC | + 6032858 9959 |
Teh Kim Seng - Non-executive Chairman Sean Seah - Chief Executive Officer
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WH Ireland (Nominated Advisor & Broker) | 0207 220 1666 |
Adrian Hadden/Mark Leonard
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Newgate | 0207 653 9850 |
Adam Lloyd/Bob Huxford/Helena Bogle/Alex Shilov
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About Galasys
www.galasystec.com
Galasys is a leading integrated and modular amusement park solutions and services provider to premier amusement parks in China and South East Asia. Through its proprietary systems, the Group provides amusement park operators with the ability to sell, manage and analyse tickets, visitors, merchandise sales and other amusement park operations. It has been operating since 2005 and supplies solutions and services to more than 140 amusement parks in China and South East Asia. The Group has invested more than 50 man-years in R&D and owns the intellectual properties to its software and systems. The Group currently employs and retains more than 140 people across Asia.
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