China LotSynergy Holdings Ltd, a provider of technology and services for lottery systems, terminal equipment, gaming products and their operations in mainland China’s lottery market, says its subsidiary Guangzhou Lottnal Terminal Co Ltd, has won a bid to supply Sports Lottery terminals to Anhui Sports Lottery Administration Centre.
It is the second time Guangzhou Lottnal has won a contract via Anhui Sports Lottery’s terminal procurement scheme. It is also the group’s second China lottery sales success this month after winning a bid to supply sports lottery terminals to the Zhejiang Sports Lottery Administration Centre.
Hong Kong-listed China LotSynergy posted a net profit of HKD54.9 million (US$7.1 million) for the first half of 2014, up 35.2 percent over the same period last year. The lottery supplier recorded a turnover of approximately HKD460.5 million in the period, from HKD341.6 million a year earlier, it said in a filing on August 19.
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”There’s been a 20 percent or 30 percent increase in our testing staff to handle globally the amount of extra work that we’ve got, and the Philippines and Macau have definitely contributed to that overall growth”
Chief commercial officer of testing and certification firm GLI