RexLot sees growth in China lottery profits

Profits from RexLot Holdings Ltd.’s China lottery operations rose 18.9 percent to HK$621.6 million ($80.1 million) in the first half of 2013 from a year earlier as revenues rose 15.6 percent to HK$1.15 billion. The Hong Kong-listed company’s subsidiaries provide equipment, materials and services for both the Welfare Lottery and Sports Lottery, but it did not report a breakdown of its lottery results.