SINGAPORE (Aug 14): Entertainment group mm2 Asia has announced earnings of $6.4 million for the first quarter of FY18, up 30% from the $4.9 million in earnings it posted a year ago on higher revenue.

Revenue for the quarter nearly doubled to $24.6 million from $13.4 million in 1Q17 on the back of $6.2 million generated from the group’s event production and concert promotion business, as well as the result of the group’s acquisition of business assets from Mega Cineplex.

Notably, concert and event promotion revenue from the group’s newly-acquired subsidiary, UnUsUaL, contributed to 25% of the group’s revenue for the quarter.

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