STOCKS | Asia Pioneer Entertainment Posts 47.3% Revenue Growth

Asia Pioneer Entertainment (8400), which sells electronic gaming equipment, reported interim results for the six months ended June 30, with revenue rising 47.3% year on year to HK$33.9392 million and net profit attributable to shareholders jumping 91.2 times to HK$2.3 million, according to Ming Pao. The company said the increase was driven by a 56.2% rise in income from technical sales and distribution of its core electronic gaming equipment business. It did not declare an interim dividend.