{"id":777008590,"date":"2023-08-25T06:23:46","date_gmt":"2023-08-25T09:23:46","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777008590"},"modified":"2026-04-22T18:42:33","modified_gmt":"2026-04-22T21:42:33","slug":"rgb-international-net-profit-up-515-in-q2","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/rgb-international-net-profit-up-515-in-q2","title":{"rendered":"RGB International net profit up 515% in Q2"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">RGB International posted a net profit of RM42m (US$9m) for the second quarter of the year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Malaysia.-\u00a0<strong>RGB International\u00a0<\/strong>has reported net profit of RM42m (US$9m) for the second quarter, up <strong>515 per cent<\/strong> year-on-year. Revenue grew 563 per cent to RM334m (US$72m).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sales and marketing revenues rose nearly tenfold to RM304m (US$65.5m). The profit for this segment climbed by 874 per cent to RM30.5m (US$26.6m). Technical support and management revenue rose 36 per cent, to RM29.1m (US$6.3m) from enhanced operational performance and augmented capacity across multiple outlets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">RGB&#8217;s Engineering Services division generated RM694,000 (US$150,000), up 27 per cent. During the second quarter, the company sold <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/iec-invests-us5-73m-in-new-slot-machines-for-new-coast-hotel-manila\" target=\"_blank\">382 slot machines<\/a>\u00a0to International Entertainment Corp (IEC) for US$5.73m. These machines are intended to be deployed at the New Coast Hotel Manila property in the Philippines.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>See also:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/rgb-targets-overseas-market-with-us107m-gaming-machine-sales\" rel=\"noreferrer noopener\">RGB targets overseas market with US$107m gaming machine sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RGB International posted a net profit of RM42m (US$9m) for the second quarter of the year.<\/p>\n","protected":false},"author":176,"featured_media":0,"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 reported a net profit of RM42m (US$9m) for Q2, a 515% year-on-year increase, with revenue growing 563% to RM334m (US$72m). This growth was primarily driven by a nearly tenfold rise in sales and marketing revenues. The company also completed a significant B2B sale of 382 slot machines to International Entertainment Corp for deployment in the Philippines.","focusai_entities":"RGB International, International Entertainment Corp, IEC, New Coast Hotel Manila","focusai_location":"Malaysia, Philippines, Manila","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.7), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Growth Drivers Analysis","query":"What specific market conditions or strategic initiatives underpinned RGB International's 563% revenue growth and 874% profit increase in the sales and marketing segment, and are these trends sustainable?"},{"label":"B2B Market Impact","query":"How does the sale of 382 slot machines to International Entertainment Corp for deployment in the Philippines position RGB International against key competitors in the APAC gaming equipment market, and what is the projected revenue contribution from this deal?"}],"footnotes":""},"categories":[157,16333],"tags":[23853],"class_list":["post-777008590","post","type-post","status-publish","format-standard","hentry","category-business-news","category-south-east-asia-news","tag-rgb-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008590","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777008590"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008590\/revisions"}],"predecessor-version":[{"id":777008601,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008590\/revisions\/777008601"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777008590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777008590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777008590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}