Home Capital Results

mm2 Asia posts 13.2% increase in 1Q earnings to $7.3 mil

Samantha Chiew
Samantha Chiew8/14/2018 11:09 PM GMT+08  • 2 min read
mm2 Asia posts 13.2% increase in 1Q earnings to $7.3 mil
SINGAPORE (Aug 14): mm2 Asia reported 1Q19 earnings increased by 13.2% to $7.25 million, compared to $6.40 million in 1Q18.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Aug 14): mm2 Asia reported 1Q19 earnings increased by 13.2% to $7.25 million, compared to $6.40 million in 1Q18.

This came on the back of the group’s revenue almost doubling to $49.0 million from $24.6 million in the previous year.

This was mainly contributed by the group’s business assets from Lotus Fivestar Cinemas in Malaysia and a newly acquired subsidiary, Cathay Cineplexes in 3Q18. The increase in revenue was also contributed by the group’s core business and post-production business.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.