RGB International Bhd Posts 19% Revenue Growth in Q1 2026 Despite Forex Headwinds

RGB International Bhd Posts 19% Revenue Growth in Q1 2026 Despite Forex Headwinds

Land-based gaming supplier and distributor RGB International Bhd has published its financial accounting results for the three months ending March 31, 2026, documenting solid top-line revenue growth across its primary Asian operating channels, despite being impacted by foreign exchange losses during the quarter.

Sales and Marketing Division Stabilizes Corporate Revenue

The Malaysia-listed distributor reported a 19% year-on-year increase in total group revenue, climbing to MYR 87.4 million (approximately US$ 22.0 million) for the first quarter of 2026. The improvement was propelled by a strong performance within the company’s core Sales and Marketing division. However, illustrating typical post-holiday seasonal patterns, the quarterly revenue figure tracked 20% lower than the sequential performance recorded during the final quarter of December 2025.

Despite the positive top-line traction, RGB‘s net corporate profit fell 15% year-on-year to total MYR 11.5 million (US$ 2.9 million). The profit compression was directly attributable to severe adverse foreign currency movements during the period, which outpaced the higher volume of product sales.

The company’s Technical Support and Management (TSM) business segment experienced a weaker period. Total TSM revenue fell 28% year-on-year to MYR 16.4 million (US$ 4.1 million), while division profit plummeted 49% to hit MYR 3.6 million (US$ 908,000).

Management attributed this localized slide to lower-than-expected machine performance across several key partner outlets, combined with the continued closure of certain high-yield slot venues in the Poipet region since the beginning of June 2025. Conversely, the boutique Engineering Services division posted a positive trajectory, with quarterly revenue increasing by 20% to reach MYR 435,000 (US$ 110,000).

Maintaining Caution Across Emerging Asian Corridors

Looking forward across the remainder of the 2026 fiscal year, RGB International Bhd remains cautiously optimistic regarding its target regions, which primarily comprise the Philippines, Cambodia, and Vietnam. The supplier stated that while it anticipates local player spending patterns, regional tourism growth, and macroeconomic environments to be shaped by changing local regulatory frameworks, the group remains focused on executing operational efficiencies, exploring selective expansion opportunities, and maintaining strict capital allocation models.

Board directors expressed confidence that, assuming no unforeseen negative shifts materialize within their core jurisdictions, the group is well-positioned to deliver a highly satisfactory financial performance for the year ending December 31, 2026.

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