Monday, December 11, 2023
HomeNewsChinaAGTech wins sports lottery terminal supply tender for Shanghai, Fujian and Guizhou

AGTech wins sports lottery terminal supply tender for Shanghai, Fujian and Guizhou

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.

Viviana Chan
Viviana Chan
Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance.