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AGTech swings to loss despite 2019 revenue growth

25th March 2020 10:12 am GMT

Hong Kong-listed lottery provider AGTech Holdings has reported a 4 per cent increase in revenue to HK$175.1m for 2019.

The revenue increase was primarily driven by a 3 per cent rise in lottery hardware sales to $104.8m (approx. €11.6m), a 28 per cent increase in lottery games and systems revenue to $43.3m (€4.8m), and a 9 per cent improvement in games and entertainment revenue to $8.7m (€0.97m).

This offset a 26 per cent drop in revenue from the [...]

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