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AGTech revenues soar in first quarter

14th May 2012 1:22 pm GMT

Chinese sports lottery provider AGTech Holdings Limited has seen first quarter revenues soar 117 per cent to HK$42.3m (US$5.4m), with the company attributing the growth to last year's acquisition of sports lottery terminal and system provider Beijing Greatwall GOT Information Products Co. Ltd (GOT).

AGTech said that the revenue growth was due to the acquisition of GOT which was completed in December. The company added that the acquisition would help it to develop new technologies to [...]

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