{"id":28456,"date":"2022-03-28T07:55:11","date_gmt":"2022-03-28T10:55:11","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=28456"},"modified":"2026-04-23T10:09:31","modified_gmt":"2026-04-23T13:09:31","slug":"ape-revenue-down-81-1-in-2021","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/ape-revenue-down-81-1-in-2021","title":{"rendered":"APE revenue down 81.1% in 2021"},"content":{"rendered":"\n

Asia Pioneer Entertainment Holdings (APE) has attributed the drop to the decrease in revenue from its electronic gaming equipment business.<\/p>\n\n\n\n\n\n\n\n

Macau.- Gaming technology supplier\u00a0Asia Pioneer Entertainment Holdings (APE)\u00a0<\/strong>has reported that its revenue for 2021 plunged 81.1 per cent to HKD7.6m (US$975,180). It made a loss of HKD23.1m for the year.<\/p>\n\n\n\n

The company’s revenue from its technology sales and electronic game equipment distribution\u00a0<\/strong>fell 86.4 per cent year-on-year to HK$5m. The group sold a total of 36 slots for video game devices, up from 176 slots in 2020.<\/p>\n\n\n\n

Revenue from consulting and technical services decreased by 27.2 per cent year-on-year to HK$1.8m while revenue from maintenance services was HK$650,000, down 38.4 per cent year-on-year.<\/p>\n\n\n\n

APE\u2019s new smart vending machines business<\/a>\u00a0was in the start-up testing phase in 2021, but the company installed 40 vending machines in Macau and two in Zhuhai, in the neighbouring Guangdong province.\u00a0The company said\u00a0the segment generated revenue of HK$145,305<\/strong>\u00a0as most of its vending machines were “only installed by the end of 2021”.<\/p>\n","protected":false},"excerpt":{"rendered":"

Asia Pioneer Entertainment Holdings (APE) has attributed the drop to the decrease in revenue from its electronic gaming equipment business.<\/p>\n","protected":false},"author":176,"featured_media":24147,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Asia Pioneer Entertainment Holdings (APE) reported an 81.1% revenue plunge to HKD7.6m in 2021, resulting in a HKD23.1m loss, primarily due to an 86.4% decrease in electronic gaming equipment sales. The company is diversifying into smart vending machines, which generated HKD145,305 in revenue during its start-up testing phase.","focusai_entities":"Asia Pioneer Entertainment Holdings, APE","focusai_location":"Macau, Zhuhai, Guangdong","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.7), tech_data (0.7), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Why equipment sales fell?","query":"What specific market conditions or competitive pressures led to Asia Pioneer Entertainment Holdings' 86.4% decline in electronic gaming equipment sales in 2021?"},{"label":"Vending machine profitability?","query":"What is the projected timeline and investment required for APE's smart vending machine business to achieve profitability and materially offset declines in its core gaming segments?"}],"footnotes":""},"categories":[157,16338],"tags":[8720,24048],"class_list":["post-28456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-ape","tag-asia-pioneer-entertainment-holdings"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=28456"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28456\/revisions"}],"predecessor-version":[{"id":28464,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28456\/revisions\/28464"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/24147"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=28456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=28456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=28456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}