RGB International enjoys 80% profit boom in 4Q19

Malaysian electronic gaming machine manufacturer posts revenues of €28.6 million.

Malaysia.- RGB International Bhd has revealed an 80 percent increase in profit for the last three months of 2019, reaching RM14.7 million (€3 million). 

Revenue increased 68 percent, reaching RM132.2 million (€28.6 million) – driven by a 76 percent year on year increase from its sales and marketing division to RM97.7 million (€21 million).

Its technical support and management division also saw revenue increase, rising 48 percent to RM33.7 million (€7.2 million).

This strong period also helped to boost full year results, which saw profit up 13 percent to RM40.2 million (€8.7 million). Revenue, however, fell 7 percent to RM351.1 million (€76 million).

RGB International Bhd manufactures electronic gaming machines and casino equipment.

It also offers sales and marketing, machine concession, technical support and management as well as maintenance of electronic gaming machines and equipment.