Malaysian electronic gaming machine manufacturer posts revenues of \u20ac28.6 million.<\/p>\n\n\n\n\n\n\n\n
Malaysia.- RGB International Bhd has revealed an 80 percent increase in profit for the last three months of 2019, reaching RM14.7 million (\u20ac3 million). <\/p>\n\n\n\n
Revenue increased 68 percent, reaching RM132.2 million (\u20ac28.6 million) \u2013 driven by a 76 percent year on year increase from its sales and marketing division to RM97.7 million (\u20ac21 million).<\/p>\n\n\n\n
Its technical support and management division also saw revenue increase, rising 48 percent to RM33.7 million (\u20ac7.2 million).<\/p>\n\n\n\n
This strong period also helped to boost full year results, which saw profit up 13 percent to RM40.2 million (\u20ac8.7 million). Revenue, however, fell 7 percent to RM351.1 million (\u20ac76 million). <\/p>\n\n\n\n
RGB International Bhd manufactures electronic gaming machines and casino equipment. <\/p>\n\n\n\n
It also offers sales and marketing, machine concession, technical support and management as well as maintenance of electronic gaming machines and equipment.<\/p>\n","protected":false},"excerpt":{"rendered":"
Malaysian electronic gaming machine manufacturer posts revenues of \u20ac28.6 million.<\/p>\n","protected":false},"author":2,"featured_media":3962,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"RGB International Bhd reported robust Q4 2019 financial performance, with profit surging 80% to RM14.7 million (\u20ac3 million) and revenue increasing 68% to RM132.2 million (\u20ac28.6 million), primarily driven by its sales and marketing division. While full-year profit rose 13% to RM40.2 million (\u20ac8.7 million), the company experienced a 7% decline in annual revenue, reaching RM351.1 million (\u20ac76 million), highlighting a mixed fiscal year for the electronic gaming machine manufacturer and service provider.","focusai_entities":"RGB International Bhd","focusai_location":"Malaysia","focusai_target_profile":"investor_analyst (1.0), ceo_executive (0.9), supplier_vendor (0.9), journalist_researcher (0.8), operator_casino (0.7)","focusai_suggestions":[{"label":"Q4 Revenue Drivers","query":"What specific market conditions or strategic initiatives within RGB International Bhd's sales and marketing division contributed to the 76% year-on-year revenue increase in Q4 2019, particularly given the overall 7% decline in full-year revenue?"},{"label":"Full-Year Revenue Discrepancy","query":"How does RGB International Bhd reconcile the strong Q4 2019 revenue growth with the reported 7% decline in full-year revenue, and what are the projected impacts of these trends on future capital expenditure and market share?"}],"footnotes":""},"categories":[160,163,158,16333],"tags":[512,226,2067],"class_list":["post-3957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-finance-news","category-slider-home","category-south-east-asia-news","tag-gaming","tag-malaysia","tag-technology"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=3957"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3957\/revisions"}],"predecessor-version":[{"id":3989,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3957\/revisions\/3989"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/3962"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=3957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=3957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=3957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}