Macau’s Asia Pioneer Entertainment Holdings Limited (APE) said in a Wednesday filing that it expects to almost double its profit to around HK$7.5 million (US$958,420) in FY25, improved from HK$3.8 million (US$485,600) in 2024.
While the company did not provide specific reasons for the improvement, it did highlight a 30% year-on-year increase in revenue to HK$65.8 million (US$8.4 million) based on a preliminary assessment of information currently available.
Full results are due to be published before the end of the month.
APE deals in the distribution of electronic gaming equipment in Asia, with Konami, Jumbo and Spintec among its core clients.
The company also launched a Smart Vending Machine business in 2021 through which it sells various Macau-sourced products in Macau and mainland China.
