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mm2 Asia posts 13.2% increase in 1Q earnings to $7.3 mil

Samantha Chiew
Samantha Chiew • 2 min read
mm2 Asia posts 13.2% increase in 1Q earnings to $7.3 mil
SINGAPORE (Aug 14): mm2 Asia reported 1Q19 earnings increased by 13.2% to $7.25 million, compared to $6.40 million in 1Q18.
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SINGAPORE (Aug 14): mm2 Asia reported 1Q19 earnings increased by 13.2% to $7.25 million, compared to $6.40 million in 1Q18.

This came on the back of the group’s revenue almost doubling to $49.0 million from $24.6 million in the previous year.

This was mainly contributed by the group’s business assets from Lotus Fivestar Cinemas in Malaysia and a newly acquired subsidiary, Cathay Cineplexes in 3Q18. The increase in revenue was also contributed by the group’s core business and post-production business.

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