"Our focus will now be on managing costs and our supply chain amidst rising inflationary pressures, and improving efficiency and operational delivery to derive better returns for our efforts.
Kingsmen Creatives has reported earnings of $0.6 million for 1HFY2023, reversing from a loss of $1.5 million in the year-earlier period. Revenue was up 17.5% y-o-y to $143.8 million, as the company continues to see recovery.
“We have returned to sustainable profitability and expect a robust second-half performance, as our teams are busy fulfilling contracts secured and pursuing a strong pipeline of potential projects," says group GEO Andrew Cheng.
