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AGTech swings to first half loss as lottery hardware sales decline

12th August 2019 8:20 am GMT

Hong Kong-listed lottery provider AGTech Holdings has reported a 23 per cent decline in revenue to HK$47.7m for the first half of 2019, with results continuing to be impacted by a decrease in sales of lottery hardware.

Lottery hardware sales were down 46 per cent compared to the same period last year at $19.1m, with the decline partially offset by a 46 per cent increase in revenue from lottery games and systems to $18.8m.

Revenue from the [...]

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