Malaysian casino equipment supplier and distributor RGB International Bhd reported on Friday a profit attributable to its shareholders of just under MYR12.4 million (US$2.92 million) for the opening quarter of 2025, a 44.2-percent decline from a year earlier.
The company reported revenue of MYR73.6 million for the three months to March 31, down 65.0 percent from the prior-year period.
In a separate announcement to Bursa Malaysia, RGB declared a “first interim dividend” of MYR0.004 per share, to be paid on July 18.
The gaming supplier reported first-quarter earnings before interest, taxation, depreciation and amortisation (EBITDA) of MYR14.9 million, down 57.8 percent from a year ago.
According to Friday’s filing, the bulk of RGB’s first-quarter revenue – i.e., MYR50.5 million – was from sales and marketing of products, a 71.1-percent decline from the prior-year period. Profit in the segment fell by 69.7 percent year-on-year, to MYR6.9 million.
The firm said in its latest filing that the decline in revenue and profit in the segment compared to the previous year’s corresponding quarter was “mainly due to lower number of products sold”.
Revenue from the technical support and management segment in the reporting period fell by 32.4 percent year-on-year, to MYR22.6 million, “mainly due to lower performance” in some of the gaming outlets in which RGB is involved, stated the firm.
Profit before tax for the technical support and management division increased by 37.6 percent year-on-year, “due to lower depreciation cost for machines during the quarter”.
Engineering services revenue was down 38.3 percent year-on-year, to MYR363,000.
RGB said in Friday’s filing that the group’s prospects “remain robust, bolstered by the promising market conditions, especially in … the Philippines and Cambodia”, the latter a market where the firm says it is “strategically expanding” its business.
“As a pivotal slot-machine distributor and major player in the machine concession business in the region, the group is well positioned to capitalise on this industry growth,” it added.
