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AGTech swings to profit but revenue drops 26%

13th November 2018 6:48 am GMT

Hong Kong-listed lottery and gaming provider AGTech Holdings has reported a 26 per cent decrease in revenue to HK$129.6m (€14.7m) for the nine month period ended September 30th.

The fall in revenue was primarily caused by a $52.5m decline from the company’s games and entertainment division, mainly due to the adjustments implemented in the division aimed at improving the overall quality as well as the sustainability of the business.

This was partially offset by an increase of [...]

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