Macau-based AGTech Holdings has announced that it has successfully won its bid to supply lottery terminals to the Sports Lottery Administration in Shanghai and Guangdong province.

Lottery and integrated technology and services company AGTech Holdings announced that its subsidiary - Macau Pass - has won the tender awarded by a government authority to be one of the suppliers for providing small and medium-sized enterprises (SMEs) backend digitalization support services in the city.

AGTech Holdings Limited has announced that it returned to profit in 1Q23, recording gains of  HK$37.2 million ($4.75 million), as opposed to a loss of HK$10.8 million ($1.4 million) in 1Q22.

AGTech Holding said it expects its first-quarter loss to narrow by about 60 percent due to the addition of revenue from newly acquired Macau Pass and the development of its lottery business in China. 

AGTech Holdings said one of its units has recently been awarded contracts to supply lottery terminals to the China's Sports Lottery Administration Centres in seven Mainland locations.

Lottery and integrated technology and services company AGTech Holdings Limited flags a profit of more than HK$22 million ($2.8 million) for the year 2023.

Lottery and integrated technology and services company AGTech Holdings Limited has been selected as a constituent of the MSCI World Micro Cap Index, effective from the market close on November 30, 2023.

Lottery and integrated technology and services company AGTech Holdings Limited has announced its return to profitability in the first three quarters of this year, recording gains of no less than HK$20 million ($2.6 million), in contrast to a loss of HK$124.6 million ($15.9 million) in the same period last year.

Lottery and integrated technology and services company AGTech Holdings announced that  one of its wholly-owned subsidiaries has recently won the lottery terminals procurement tenders to supply lottery terminals to the Sports Lottery Administration Centres in Shanghai municipality, Fujian province and Guizhou province.

Lottery and integrated technology services company AGTech Holdings Limited has announced that its subsidiary, Macau Pass, has partnered with Chinese tech giant Alipay+ to expand the coverage of the cross-border payment business of MPay, the e-wallet operated by Macau Pass, to overseas countries.