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AGTech reduces first quarter loss to HK$71m

13th May 2019 7:06 am GMT

Hong Kong-listed lottery provider AGTech Holdings has reported a 14 per cent increase in revenue to HK$20.2m (€2.3m) for the first quarter of 2019, following strong sales growth at the company’s lottery hardware division.

Revenue growth was driven by a 64 per cent increase in sales of lottery hardware to $9.0m, and a 15 per cent increase from lottery games and systems revenue to $7.2m.

This was partially offset by a 33 per cent decrease in revenue [...]

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