{"id":777015979,"date":"2024-05-30T08:47:08","date_gmt":"2024-05-30T11:47:08","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777015979"},"modified":"2026-04-22T09:43:23","modified_gmt":"2026-04-22T12:43:23","slug":"rgb-international-posts-revenue-of-us44-6m-for-q1","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/rgb-international-posts-revenue-of-us44-6m-for-q1","title":{"rendered":"RGB International posts revenue of US$44.6m for Q1"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Revenue was up 120.8 per cent in year-on-year terms.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Malaysia.-\u00a0<strong>RGB International\u00a0(RGBI) <\/strong>has shared its financial results for the first quarter of the year. Revenue was MYR210.1m (US$44.6m), up 120.8 per cent when compared to last year and up 93.4 per cent <a href=\"https:\/\/focusgn.com\/asia-pacific\/rgb-international-posts-revenue-of-us22-9m-for-q4\" target=\"_blank\" rel=\"noreferrer noopener\">quarter-on-quarter<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company reported a profit attributable to shareholders of\u00a0MYR22.2m, compared to MYR10.5m a year earlier. In the last quarter of 2023, RGB had posted a loss of MYR26.8m.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company\u2019s earnings before interest, taxation, depreciation, and amortization (EBITDA) rose by 52.5 per cent year-on-year to MYR36.6m. The figure was up 165.2 per cent when compared to the previous quarter. Revenue from technical support and management rose by 30.4 per cent to MYR33.4m, while engineering services revenue rose 10.3 per cent to MYR588,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">RGBI stated that the group&#8217;s prospects &#8220;remain robust, bolstered by the promising market conditions, especially in the Philippines.&#8221;<\/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-international-subsidiary-acquires-share-in-philippine-slot-machines\" rel=\"noreferrer noopener\">RGB International subsidiary acquires share in Philippine slot machines<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Earlier this week, RGBI announced a series of changes in its board.\u00a0<strong>Chuah Eng Meng<\/strong> has been appointed principal officer. His sister,\u00a0<strong>Chuah Hui Jing<\/strong>, has been named executive director. Both are children of\u00a0<strong>Dato\u2019 Seri Chuah Kim Seah<\/strong>, the managing director and a\u00a0major\u00a0shareholder of RGBI.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company has also reported that senior vice president, of&nbsp;corporate and regulatory compliance<strong> Ganaser&nbsp;Kaliappen<\/strong>, a former Malaysian diplomat who joined the group in 2004, has become an executive director.&nbsp;<strong>Surinder Singh<\/strong>, a Malaysian lawyer specialising in civil and litigation work, has become an independent non-executive director.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Revenue was up 120.8 per cent in year-on-year terms.<\/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 (RGBI) reported robust Q1 financial results, with revenue surging 120.8% year-on-year to MYR210.1m and EBITDA increasing 52.5% to MYR36.6m, driven by strong market conditions, particularly in the Philippines. Concurrently, the company announced significant board restructuring, including the appointment of new executive directors and an independent non-executive director, alongside a principal officer.","focusai_entities":"RGB International, RGBI, Chuah Eng Meng, Chuah Hui Jing, Dato\u2019 Seri Chuah Kim Seah, Ganaser Kaliappen, Surinder Singh","focusai_location":"Malaysia, Philippines","focusai_target_profile":"ceo_executive (0.95), regulator (0.7), compliance_legal (0.85), operator_casino (0.75), investor_analyst (0.98), supplier_vendor (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Philippines Market Strategy","query":"What specific strategic initiatives or capital deployments in the Philippines are driving RGB International's robust growth projections, particularly following the recent subsidiary acquisition of slot machines?"},{"label":"Governance Impact","query":"How will the recent board restructuring, including the appointment of family members and a compliance expert to executive roles, impact RGB International's corporate governance framework and long-term strategic direction?"}],"footnotes":""},"categories":[163,16333],"tags":[23853],"class_list":["post-777015979","post","type-post","status-publish","format-standard","hentry","category-finance-news","category-south-east-asia-news","tag-rgb-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015979","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=777015979"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015979\/revisions"}],"predecessor-version":[{"id":777015982,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015979\/revisions\/777015982"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777015979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777015979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777015979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}