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Mm2 Asia Trims Losses in Fiscal H1 as COVID-19 Restrictions Ease

Mm2 Asia Trims Losses in Fiscal H1 as COVID-19 Restrictions Ease
随着 COVID-19 限制的放松,Mm2 Asia削减了上半财年的亏损

MT Newswires ·  2022/11/15 12:22

11:21 PM EST, 11/14/2022 (MT Newswires) -- Entertainment group mm2 Asia's (SGX:1B0) loss attributable to equity holders narrowed in the fiscal first half to SG$5.4 million ($3.9 million) from SG$11.4 million a year ago.

Loss per share attributable to owners of the company came in at SG$0.0021, versus SG$0.0051 in the year-ago period, according to a late Monday bourse disclosure.

Revenue for the six months ended Sept. 30 soared 70.7% year over year to SG$79.0 million from SG$46.3 million, thanks to a gradual recovery of the company's businesses from the COVID-19 pandemic amid relaxation in governments' restrictions.

The company's shares were down 2% recently.

Price (SGD): S$0.05, Change: S$0.00, Percent Change: -2.13%

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