AGTech set for HK$1.33bn product investment after posting 2016 profit – Gaming Intelligence

AGTech set for HK$1.33bn product investment after posting 2016 profit – Gaming Intelligence

Hong Kong-listed Chinese lottery supplier AGTech Holdings has reported its first annual profit in more than a decade as it prepares to invest HK$1.33bn (€158m) in product development over the course of this year.

After a long run of losses stretching back more than a decade, AGTech recorded a profit of HK$333.0m for 2016, with the turnaround attributed to non-operating gains.

Source: AGTech set for HK$1.33bn product investment after posting 2016 profit – Gaming Intelligence