Lottery operator China Ecotourism returns to profit on one-off gain

China Ecotourism

24/09/2026 09:51

Overview
Hong Kong lottery tech and health food firm's FY revenue fell yr/yr
Company returned to profit, reporting net income attributable of HK$97.2 mln
Profit driven by one-off gain from extinguishment of financial liabilities

Outlook
Company expects China's lottery market to set new sales records in 2026, driven by sports events
Company is advancing commercialization of digital lottery projects in the Philippines, expects positive returns
Company sees rising demand for digitalization and smart retail in the lottery industry

Result Drivers
DEBT EXTINGUISHMENT GAIN – Profit swung to HK$99.9 mln, mainly driven by a HK$182.4 mln gain from settling creditor claims through scheme-share issuance
TERMINAL SALES DECLINE – Continuing revenue fell 23% as lottery terminal and equipment sales dropped to HK$46.4 mln from HK$71.6 mln, while service revenue was stable
HIGHER FINANCE COSTS – Finance costs rose to HK$77.5 mln from HK$30.9 mln, led by higher borrowing interest and unlisted-bond effective interest expense

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
 
HK$84.10 mln
 
FY Net Income Attributable
 
HK$97.20 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)