HomeNewsMalaysiaRGB swings to Q1 loss on 56% revenue drop

RGB swings to Q1 loss on 56% revenue drop

May 19, 2021

Malaysian supplier RGB swung to a loss in Q1 on a 56 percent drop in revenue as Covid control measures hit its technical support services and sales fell.

It’s loss was MYR4.78 million compared with a profit of MYR3.69 million a year earlier. Revenue was MYR34.1 million.

The group said, barring unforeseen circumstances, it expects conditions to improve as the year progresses.

Company filing

Last update: 4 August 2021, 01:43 pm

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Sharon Singleton is a multi-media reporter with experience ranging from website management to reporting and editing for newspapers, news agencies and television. As Managing Editor she's been working with Asia Gaming Brief since 2013 and her specialties are: Business, current affairs, fluent in Italian, French, with working knowledge of Spanish.