Malaysian gaming product distributor RGB International Bhd has reported a 60% year-on-year decline in group-wide profit to MYR6.19 million (US$1.5 million) for the three months to 30 September 2025, citing lower revenues and foreign exchange losses for the quarter. Revenue of MYR71.1 million (US$17.2 million) was down 25% due in part to the delayed opening of certain venues originally scheduled for 2025, the company added.
The 3Q25 results, which also saw group-wide revenue down 41% from the June quarter, included a 14% year-on-year decline in revenue in RGB’s core Sales and Marketing segment to MYR57.3 million (US$13.9 million) due to a lower number of products sold. Segment profit was also down 14% to MYR7.32 million (US$1.8 million).
In the Technical Support and Management division, revenue fell by 51% to MYR13.0 million (US$3.1 million) with a segment loss of MYR372,000 (US$90,000) on weaker performance at several key outlets driven by high jackpot payouts and the continued closure of certain outlets in the Poipet region since the end of the previous quarter.
Engineering services saw a slight gain in revenue to MYR725,000 (US$175,350) and in profit to MYR553,000 (US$133,750).
Assessing its 3Q25 results, RGB said, “The current decline in performance reflects interim external impacts, including delays in the opening of new sites scheduled for 2025. The Group’s medium- and long-term growth prospects remain positive, underpinned by strong underlying demand, particularly in key regions where the Group maintains a presence.
“The Philippine Amusement and Gaming Corporation (PAGCOR) has announced that the country’s GGR is on track to achieve its US$7 billion full-year target for 2025. As a pivotal slot machine distributor and major player in the machine concession business in the region, the Group is well positioned to capitalize on this industry growth.”
It added that the group “remains vigilant” for emerging opportunities including prospect of new and upcoming markets.
“Barring unforeseen circumstances, the Group expects to achieve a satisfactory performance in 2025,” it said.
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