Revenue was up 15.7 per cent year-over-year.
Hong Kong.- Asia Pioneer Entertainment has reported its financial results for the first half of 2025. Revenue totalled HK$23m (US$2.96m), up 15.7 per cent year-over-year.
The gaming supplier posted a net profit of HK$24,959 (US$3,209), compared with a loss of HK$0.6m (US$77,000) in the same period in 2024. Technical sales and distribution of electronic gaming equipment products (EGE) generated HK$19.3m (US$2.48m) in revenue, up 39.6 per cent. The company said the increase was due to the steady orders from Macau’s six casino concessionaires and regional demand from casinos across Asia.
Gross profit was HK$10.9m (US$1.40m), up 47.5 per cent. Operating expenses rose 6.8 per cent to HK$11m (US$1.41m).
Consultancy and technical services revenue fell 45.2 per cent to HK$2.5m (US$322,000), while repair services generated HK$0.2m (US$26,000), down 54.8 per cent and product sales through smart vending machines were HK$0.7m (US$91,000), down 27.2 per cent.
The company stated: “We believe this resurging growth will continue in the second half of 2025 and beyond as casinos strengthen their financial positions. In our core EGE business, we expect customers to continue to order new EGE machines from the group as our machines have proven to be both attractive and reliable.”
It added: “We are working with suppliers to introduce new products and technologies to meet the growing demands of the mass gaming market.”
LET Group and Summit Ascent to be delisted from Hong Kong Stock Exchange
LET Group Holdings Limited and its subsidiary Summit Ascent Holdings Limited will be removed from the Hong Kong Stock Exchange on September 1, 2025, after failing to comply with resumption conditions. The Listing Committee confirmed the decision after neither company resumed trading before the July 10 deadline.
Both stocks have been suspended since early 2024 following compliance issues and board resignations. The firms said they would not request a review of the delisting decision.
Revenue was up 15.7 per cent year-over-year. Hong Kong.- Asia Pioneer Entertainment has reported its financial results for the first half of 2025. Revenue totalled HK$23m (US$2.96m), up 15.7 per…
Participe da IGI Expo 2026: https://igi-expo.com/
O iGaming & Gaming International Expo - IGI, é um evento inovador criado para reunir empresas e empreendedores, profissionais, investidores, dos setores de iGaming e jogos. Com foco total em networking, exposição e feira de negócios. Além de ser uma fonte inigualável de informações sobre as tendências e o futuro das indústrias nos próximos anos.
📢 Receba em primeira mão notícias relevantes e fique por dentro dos principais assuntos sobre Igaming e Esportes no Brasil e o mundo. Siga no Whatsapp!
...
