RGB International net profit down 27% in Q1
Management attributed mixed performance to cost pressures.
Malaysia.- Casino equipment supplier and distributor RGB International Bhd has reported MYR 87.38m (US$22.0m) in revenue for the first quarter ended March 31, 2026. That’s a rise of 18.8 per cent from MYR 73.57m (US$18.5m) a year earlier. However, net profit for the period fell 26.8 per cent to MYR 9.07m (US$2.3m), while profit before tax fell 16.6 per cent to MYR 10.62m (US$2.7m).
Earnings per share from continuing operations was down to to MYR 0.0059 (US$0.0015) compared with MYR 0.008 (US$0.0020) in the prior-year period. It still declared a first interim dividend of MYR 0.002 per share, payable in July, following a smaller payout in April.
In a filing to Bursa Malaysia, management attributed the mixed performance to cost pressures and variations in segment activity. Cost of sales rose about 33 per cent to MYR 67.16m (US$16.9m), leading gross profit to fall 12 per cent to MYR 20.21m (US$5.1m). As a result, gross margin narrowed from 31 to 23 per cent. The group also said that changes in product mix and differing operating conditions across markets affected profitability.
Looking ahead, the group said it remains “cautiously optimistic” but warned that the regional gaming industry outlook will be shaped by regulatory developments, macroeconomic conditions, consumer spending trends and tourism flows across key markets. It said that, provided there are no unforeseen disruptions, it expects a stable financial year.
