DJ AGTech Announces Third Quarterly Results Ended September 30, 2023, Revenue Increases 80% Year-on-Year
EQS Newswire / 09/11/2023 / 09:00 UTC+8
AGTech Holdings Limited („AGTech“ or the „Group“, HKEX stock code: 8279) today announced its third quarterly results for the nine months ended September 30, 2023.
FINANCIAL HIGHLIGHTS
- Revenue of the Group for the Nine-Month Period amounted to approximately HKUSD447 million, representing an increase of approximately 80.8% over the corresponding period in 2022.
- For the Nine-Month Period, revenue contributions were mainly derived from provision of electronic payment and related services in Macau of approximately HKUSD280.4 million and lottery and related business of approximately HKUSD167.3 million.
- The profit for the Nine-Month Period was approximately HKUSD26.7 million (Nine months ended September 30, 2022: loss of approximately HKUSD124.6 million).
BUSINESS REVIEW
Electronic Payment and Related Business: An indirect wholly-owned subsidiary of the Group, Macau Pass, is a leading payment service provider in Macau and an „other financial institution“ licensed under Autoridade Monetaria de Macau…
Lottery and Related Business: The Group is one of the leading suppliers in China of lottery terminals…
Lifestyle, Games and Entertainment, Marketing Technical Services and E-Commerce: Macau’s digital adaption in the consumer sector, especially in the e-commerce space, has seen significant and continued growth in recent years…
BUSINESS OUTLOOK: The Group is committed to enabling consumers and small businesses with access to technology and sustainable payment experiences…
About AGTech Holdings Limited
AGTech was incorporated in Bermuda and its Shares are listed on GEM (Stock Code: 8279). AGTech is an integrated technology and services company engaged in electronic payment services, lottery, lifestyle, games and entertainment, marketing technical services, e-commerce and non-lottery hardware supply markets with a focus on Chinese Mainland and Macau. As a member of the Alibaba Group, the Group is the exclusive lottery platform of Alibaba Group and Ant Group…
For more information, please visit www.agtech.com
File: AGTech Announces Third Quarterly Results Ended September 30, 2023, Revenue Increases 80% Year-on-Year 09/11/2023 Dissemination of a Financial Press Release, transmitted by EQS News. The issuer is solely responsible for the content of this announcement.
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