AGTECH HOLDINGS (08279): The total cumulative revenue for MGM Macau in 2024 is MOP 329 million.

date
11/02/2025
avatar
GMT Eight
AGTECH HOLDINGS (08279) announced that its indirect wholly-owned subsidiary Macau Pass Limited (Macau Pass) is the leading payment service provider in the Macau Special Administrative Region of the People's Republic of China. According to Article 85, paragraph 2 of the Macau Financial System Legal Regime, Macau Pass (a licensed "other financial institution" under the supervision of the Monetary Authority of Macau) is required to publish its quarterly trial balance in the Government Gazette within 45 days after the end of each quarter. Therefore, Macau Pass aims to publish its unaudited trial balance for the fourth quarter of 2024 in the Macau Government Gazette on or around February 12, 2025. According to the trial balance report for the fourth quarter of 2024, Macau Pass had accumulated total revenues (including core business income and non-core income items) and expenses of approximately MOP 329 million (or approximately HKD 319 million) and MOP 317 million (or approximately HKD 307 million) respectively for the fiscal year ending December 31, 2024. The Company's indirect non-wholly-owned subsidiary Ant Bank (Macau) Limited (Ant Bank (Macau)) is a licensed commercial bank in Macau, mainly engaged in digital banking services and electronic payment services. According to Article 85, paragraph 2 of the Macau Financial System Legal Regime, Ant Bank (Macau) (a licensed "Macau registered bank" under the supervision of the Monetary Authority of Macau) is required to publish its quarterly trial balance in the Government Gazette within 45 days after the end of each quarter. Therefore, Ant Bank (Macau) aims to publish its unaudited trial balance for the fourth quarter of 2024 in the Macau Government Gazette on or around February 12, 2025. According to the trial balance report for the fourth quarter of 2024, Ant Bank (Macau) had accumulated total revenues (including core business income and non-core income items) and expenses of approximately MOP 89.58 million (or approximately HKD 86.974 million) and MOP 1.18 billion (or approximately HKD 1.15 billion) respectively for the fiscal year ending December 31, 2024. The trial balance report for the fourth quarter of Ant Bank (Macau) also includes other financial information (such as balance sheet items) that is available for public viewing.

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