Home Capital Results

mm2 Asia's 1H earnings double to $7.8 mil on new acquisitions

Benjamin Cher
Benjamin Cher11/15/2016 07:36 AM GMT+08  • 2 min read
mm2 Asia's 1H earnings double to $7.8 mil on new acquisitions
SINGAPORE (Nov 15): mm2 Asia, the producer of films and TV and online content, saw a near doubling of 1H17 earnings to $7.8 million on the back of revenue contributions by new acquisition UnUsUaL productions and cinema operations.
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 (Nov 15): mm2 Asia, the producer of films and TV and online content, saw a near doubling of 1H17 earnings to $7.8 million on the back of revenue contributions by new acquisition UnUsUaL productions and cinema operations.

Revenue for the half year nearly trebled to $35 million, driven by the additional revenue of $5.2 million from concert and event promoter UnUsUaL and $6.1 million from the cinema operations business. The group’s core business also saw a doubling of revenue to $21.7 million from a year ago.

“Our acquisitions have started to contribute and drive us to the next level.,” says Melvin Ang, chief executive officer, mm2 Asia.

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.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now