Lottery and integrated technology and services company AGTech Holdings reported a steady performance in its lottery business for the six months ended September 30th, 2025, even as the group’s overall loss widened, according to its latest filing to the Hong Kong Stock Exchange.
The company said revenue from its lottery operations increased by approximately HK$4.6 million ($590,000) year-on-year to about HK$131 million ($16.8 million), driven primarily by a rebound in the supply of instant scratch tickets in mainland China.
The improvement stemmed from a roughly HK$7.2 million ($920,000) increase in revenue from offline lottery distribution and integrated services, reflecting a normalization in product availability by lottery authorities in the mainland this year. Lottery hardware sales, another major component of the segment, remained stable during the reporting period.
Despite the segment’s steady contribution, group-wide results deteriorated. AGTech reported a loss of approximately HK$25.6 million ($3.3 million) for the period, compared with a loss of HK$1.6 million ($200,000) a year earlier. The company attributed the expanded loss mainly to the performance of its full-scale banking business, which recorded a loss of about HK$24.4 million ($3.1 million), as the business was consolidated for a full six months compared with only one month in the prior year.
Group revenue across all operations rose 36.1 percent year-on-year to approximately HK$369.4 million ($47.3 million), supported by contributions from banking, digital payment, and consumer-service businesses. However, higher operating expenses, employee-related costs, and additional expenses tied to the consolidation of Ant Bank (Macao) offset these gains. Operating loss for the period increased to approximately HK$41 million ($5.3 million), compared with HK$28.9 million ($3.7 million) a year earlier.
The board did not recommend an interim dividend. AGTech said it will continue to focus on expanding its financial technology ecosystem, which spans digital payment services in Macau, full-scale banking, local consumer services, and lottery operations in mainland China.
