mm2 Asia posts 24% y-o-y increase in 1H earnings to $4.5 million on the back of a 31% growth in revenue to $12.7 million.
For the six months to September, the group recorded additional revenue from a newly acquired subsidiary of $2.1 million. It also saw an increase in its productions and distributions.
“With our strong industry experience and networks, we were able to complete almost half the projects in the pipeline with the balance projects, mainly in Hong Kong, Taiwan and China to be completed in 2H, which is in line with our strategic expansion into the Chinese markets in North Asia,” says mm2 Asia CEO Melvin Ang.
Shares in mm2 closed 0.66% higher at 76.5 cents on Tuesday.
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For the six months to September, the group recorded additional revenue from a newly acquired subsidiary of $2.1 million. It also saw an increase in its productions and distributions.
“With our strong industry experience and networks, we were able to complete almost half the projects in the pipeline with the balance projects, mainly in Hong Kong, Taiwan and China to be completed in 2H, which is in line with our strategic expansion into the Chinese markets in North Asia,” says mm2 Asia CEO Melvin Ang.
Shares in mm2 closed 0.66% higher at 76.5 cents on Tuesday.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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