London, October 18, 2018 - Hi Technological Plastic Industries PLC (HTPI) is pleased to announce, that the first half of 2018 has been a successful one for the Company.

Firstly, the Company's revenue in first half of 2018 has exceeded expectations and last years revenue, and the growth has so far continued into the second half as well. HTPI therefore expects 2018 to be the most successful year in the Company's history.

Secondly, HTPI wishes to inform, it expects to be listed on an European Stock Exchange within the next 3 weeks. It's been a long and time-consuming process, that has required an extraordinary effort by the management team especially in the first half of 2018, but the Company has now successfully passed all compliance required, and the actual listing date and more information will be released shortly.

"The great success of first half of 2018 happens only due to the dedicated work of the management team and all the employees. With becoming listed on the European Stock Exchange and constant increase in sales, we have taken the vital steps to create shareholder value on the short term. We will now do our outmost to follow the corporate strategy to ensure growing the business and creating shareholder value on the long run as well", said Rana Kashaf Shahzad, Chairman of Hi Technological Plastic Industries LLC. 

About
Hi Technological Plastic Industries PLC is the holding company of the operational Hi Technological Plastic Industries LLC based in UAE since 2013 and is in the business of manufacturing LDPE recycling Granule, HDPE/LDPE & PVC Pipe with a capacity of 300 metric tons. UAE is the main market for the products, but the products are also exported worldwide, where the main export markets are Pakistan, India, China, Hong Kong and East African countries. In 2017 the company had a revenue of Euro 14.324.556 and a gross profit of Euro 2.277.813.