Macau-based Asia Pioneer Entertainment Holdings announced that it had raised its earnings forecast for the first half of 2026, with revenue expected to increase approximately 47% year on year and net profit projected at approximately HK$2.2 million-HK$2.4 million. Full results are scheduled to be announced by the end of August.
Asia Pioneer Entertainment Holdings, known as APE and listed on the Hong Kong Stock Exchange GEM market, issued a positive profit alert on 7 August, revising upward its earnings forecast for the first half of 2026. Based on unaudited preliminary estimates, first-half revenue is expected to be approximately HK$34 million, up from approximately HK$23 million in the same period of the previous year.
Net profit is expected to be approximately HK$2.2 million-HK$2.4 million, a substantial increase from approximately HK$24,959 in the same period of the previous year.
The company said the main factor was a 56.2% year-on-year increase in revenue from its technology sales and distribution business for electronic gaming equipment.
CFO and Executive Director Chan Tsz Lun (陳子倫) highlighted the solid growth of the core business and the recovery in its financial performance. He also cited the launch of BEE MACAU, the first casino-grade playing-card manufacturer in Macau, as a new business, as well as the rollout of cash conversion technology solutions.
Full results are scheduled to be announced by the end of August.