HomeNewsMalaysiaRGB swings to Q1 loss on 56% revenue drop

RGB swings to Q1 loss on 56% revenue drop

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

Sharon Singleton
Sharon Singletonhttps://agbrief.com/about-asia-gaming-brief/
Sharon Singleton is a multi-media reporter with experience ranging from website management to reporting and editing for newspapers, news agencies and television.

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