On the back of the increased projects, cost of sales increased by 393.2% y-o-y to $21.7 million in FY2023, while gross profit stood at $7.6 million compared to a gross loss in FY2022.
Concert and live shows producer UnUsUaL (SGX:1D1
) has posted earnings of $1.8 million for its FY2023 ended March, a reversal from net loss of $4.38 million in FY2022.
This follows a 713.4% y-o-y surge in revenue to $25.6 million, mainly due to the lifting of capacity restriction limit in April 2022 which resulted in more projects resuming post-pandemic.
