HK Stock Market Move | AGTECH HOLDINGS (08279) Falls Nearly 10% After Profit Warning, Expects Interim Loss Attributable to Shareholders of Not Less Than HK$24 Million
AGTECH HOLDINGS (08279) fell nearly 10% after issuing a profit warning. As of press time, it was down 9.71% at HK$1.255, with a turnover of HK$14.9328 million.
AGTECH HOLDINGS (08279) fell nearly 10% after the profit warning. As of press time, it was down 9.71% at HK$1.255, with turnover of HK$14.9328 million.
On the news front, on the evening of October 30, AGTECH HOLDINGS issued a profit warning, expecting to record a loss of not less than HK$27 million for the six months ended September 30, 2026, an increase of approximately 6% or more compared with the loss of approximately HK$25.6 million in the same period of 2025; loss attributable to owners of the company of not less than HK$24 million, an increase of approximately 69% or more compared with the loss of approximately HK$14.2 million in the same period of 2025.
The announcement said the increase in loss was mainly due to a decrease of not less than HK$14 million in segment profit of the lottery business in mid-2026, as the lottery hardware industry is cyclical and the total tender volume for sports lottery hardware in mainland China decreased in mid-2026.
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