Ainsworth Game Technology (ASX:AGI) see 1H loss as international sales fall

[videojs_hls url=’//du7x25at22z7c.cloudfront.net/275320/index_HLSv3.m3u8′ poster=’http://www.finnewsnetwork.com.au/newssystem/Headlines02_360_200225.jpg’]

Ainsworth Game Technology (ASX:AGI) today announced an audited Loss after Tax of $4.0 million for the six months ended 31 December 2019.

Revenues for the half year were $107.3 million, down 9 per cent.

AGT’s international businesses saw competitive markets.

Revenues declined by 6 per cent in North America and by 8 per cent in Latin America.

International sales account for 82 per cent of the group total.

Shares in Ainsworth Game Technology (ASX:AGI) closed 2.19 per cent lower at $0.67 yesterday.
 
Copyright 2020 – Finance News Network

Source: Finance News Network