The Malaysian casino services provider has reported total revenue of MYR55.47m ($13.3m) for the second quarter of the year.<\/p>\n\n\n\n\n\n\n\n
Malaysia.- Casino services provider\u00a0RGB International\u00a0<\/strong>has shared its financial results for the second quarter of the year, reporting revenue of MYR55.47m ($13.3m), up 284 per cent<\/strong>.<\/p>\n\n\n\n The company posted\u00a0profits of MYR601,000 (US$144,931)<\/strong>, compared to a loss of MRY14.0m in Q2 2020. Earnings before interest, taxation, depreciation, and amortisation (EBITDA) for the second quarter was MYR14.3m.\u00a0<\/p>\n\n\n\n Revenue from\u00a0RGB\u2019s main sales and marketing division\u00a0<\/strong>was up 197.5 per cent to MYR38.2m, mainly due to an\u00a0increase in the number of products sold<\/strong>\u00a0and variation in product mix offered.<\/p>\n\n\n\n Revenue from the technical support\u00a0<\/strong>and management division was MYR17m, up from MYR1.5m thanks to more outlets having resumed operations<\/strong>. However due to\u00a0restrictions to avoid a rise in Covid-19 cases<\/strong>, the segment recorded a loss of MYR9m.<\/p>\n\n\n\n For the\u00a0last quarter of the year 2020<\/a>, the company has reported a 60 per cent decline in revenue, with revenue from RGB\u2019s main sales and marketing division down 62 per cent to MYR37.2m (US$9.2m). <\/p>\n\n\n\n Revenue from the technical support and management division\u00a0decreased by 56 per cent<\/strong>\u00a0to MYR14.9m (US$3.7m), generating a loss of MYR8.7m (US$2.1m).<\/p>\n\n\n\n The government of Malaysia has announced that certain countermeasures will be eased for fully vaccinated people<\/strong>, including the opening of hair salons, shops selling electrical goods, furniture, sporting equipment and car accessories.<\/p>\n\n\n\n The measure took effect on August 16. However, casinos have not reopened yet.<\/p>\n\n\n\nMalaysia eases some restrictions for the fully vaccinated<\/h2>\n\n\n\n