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Ainsworth issues profit warning as product investment ramped up

26th October 2016 11:51 am GMT

Shares in Australian gaming supplier Ainsworth Game Technology slumped by more than 10 per cent in Sydney Wednesday after the company said it expected pre-tax profit for the first half of its financial year to decline by more than a half.

The company said that its results for the six month period ended December 31st, 2016, will be impacted by a continued decline in sales from its home market of Australia, as well as increased investment in [...]

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