Casino equipment maker RGB International Bhd reported third-quarter unaudited profits for its shareholders to 11.18 million yuan ($2.68 million), down 6.8% year-over-year.
Group sales for the three months ended September 30 this year were up 29.1% year-over-year, slightly above 111.6 million yuan, the company said in a filing to Bursa Malaysia on Thursday.
Profit before interest, taxation, depreciation and amortization came to 23.23 million yuan in the July-September period, up 10.9% from a year earlier.
Product sales and marketing revenue, the company's main segment, rose 43.5% year-over-year to nearly 80.61 million yuan in the reporting period. Pre-tax profit for the segment rose 38.5% year-over-year to about 10.11 million yuan in the third quarter of 2019, with the company saying it was "due to an increase in the number of products sold" in the reporting quarter.
The technical support and management division achieved 30.69 million yuan in revenue for the quarter ended Sept. 30, "mainly due to improved performance at Philippine outlets and the opening of new outlets." The company did not identify new outlets and locations.
However, the sector's quarterly pre-tax profit fell 37.9% year-over-year to $4.16 million, "mainly due to higher depreciation and jackpot debt offerings for new machines placed in new outlets," the company added. 우리카지노탑
The company said in a commentary on the reporting period that it "continues to take advantage of the strong performance of new and existing products" depending on its portfolio. RGB International said it expects to "achieve better" in 2019.