The Ainsworth Gaming Technologies Ltd (ASX: AGI) share price hit a 52-week high of $2.72 today after the company announced a record net profit after tax of $37.9 million this week. Moreover, the electronic gaming machine manufacturer revealed a bumper six-months ending June 30, 2017, with profit before tax nearly tripling on the prior corresponding period to hit $42.2 million.
International sales now account for 74% of the group's total sales and given the accelerating growth in international markets the group even took the decision to suspend dividend payments to give itself balance sheet firepower to invest in its expanding profile of growth opportunities.
Over the year Ainsworth posted 12 cents in earning per share, which places it on 32x trailing earnings.
