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

Company News

by Rachael Jones

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.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.