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.
The company shares the news via voluntary announcement in the Hong Kong Exchange on Thurday.
The chairman and CEO, Sun Ho, said ‘This demonstrates the Group’s continued industry-leading position and commitment in the lottery hardware market in China’.
AGTech Holdings posted a 120.9 percent year-on-year increase in revenue for 1H23 to $37.6 million, driven mainly by lottery and related businesses.
According to its latest financial results disclosed last month, its lottery and the related business recorded $11.8 million income in 1H23, with profits for the same period reaching approximately $2.9 million.
