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Malaysian casino equipment supplier and distributor RGB International Bhd reported revenue of 210.1 million yuan ($44.6 million) in the first quarter of 2024, up 120.8% from a year ago. Revenue was up 93.4% quarter-on-quarter, according to a filing to Bursa Malaysia on Thursday. 카지노사이트

The company posted a first-quarter profit attributable to shareholders of just under 22.2 million yuan, compared with 10.5 million yuan a year earlier. The company posted a loss of 26.8 million yuan in the previous quarter.

RGB also announced a "first interim single-layer dividend" of MYR0.006 per share, due on July 12. The company paid a dividend of MYR0.006 per share in October and a "first interim dividend" of MYR0.006 per share in January this year.

The Company paid a dividend of MYR0.008 per share on April 18 for the fiscal year ended December 31, 2023.

RGB said in a filing on Thursday that its first-quarter results benefited from "increased number of products sold" during the period.

The company posted earnings before interest, taxation, depreciation and amortization (EBITDA) of nearly 36.6 million yuan (13.8 million yuan) in the three months to March 31. The figure was up 52.5% year-over-year and was up 165.2% sequentially.

According to the data, most of RGB's first-quarter revenue, MYR $174.9 million, came from product sales and marketing, up 153.6% year-over-year.

Revenue from the technical support and management division rose 30.4% year-over-year to slightly above MYR 33.4 million during the reporting period. Engineering services revenue rose 10.3% year-over-year to MYR 588,000.

RGB said in its filing on Thursday that the group's outlook "remains robust, especially on the back of promising market conditions in the Philippines."

"As a pivotal slot machine distributor in the Philippines and a major player in the machine concession business, the group is well positioned to capitalize on the growth of the [game] industry in the Philippines," it added.

In April, after the reporting period, RGB said its unit had acquired 86 consoles operating in the Philippines for about $2.2 million. The group has the right to cover 20% of the revenue from 86 consoles with related taxes and joint expenses, the company said at the time.

Earlier this week, the company announced changes to its board of directors, including the appointment of Chua Kim Se-ah, RGB's managing director,'s two children to senior positions in the organization.