For the whole of FY2021, the company recorded earnings of $1 million, versus a loss of $11.1 million incurred in FY2020, when the pandemic hit its business. FY2021 revenue was down 4.8% over FY2020 to $273.2 million.
Kingsmen Creatives has reported lower revenue of $156.1 million for 2HFY2021 ended Dec 2021, down 4.8% y-o-y.
However, thanks to cost control, the company was able to report earnings of $2.7 million for the same half year ended Dec 2021, a reversal from the year earlier red ink of $5.8 million.
