MM2 Asia Company profile
About MM2 Asia Ltd
mm2 Asia Ltd. is a Singapore-based company that operates businesses across the content, entertainment, cinema, event and concert industries. The principal activity of the Company is investment holding. Its segments include Core business, Post production and digital content production (Post-productions), Cinema operations, Concert and event and Other segments. Its Core business segment includes production and distribution of motion picture, video and television programs and sponsorship. Its Post-productions segment includes services in visual effects and immersive media works for feature films and commercials and production of location-based entertainment with immersive experience. Cinema operations segment includes sales of cinema ticket and concessions, hall rental and screen advertising. The Concert and event segment includes sales on events production, concerts promotion and renting of stage sound systems and equipment.
Financial summary
BRIEF: For the fiscal year ended 31 March 2021, MM2 Asia Ltd revenues decreased 68% to SP$75.2M. Net loss totaled SP$90.8M vs. income of SP$3.3M. Revenues reflect Cinema Operation segment decrease of 82% to SP$15.9M, Concert & Event segment decrease of 98% to SP$1.3M, Singapore segment decrease of 76% to SP$31.2M, Malaysia segment decrease of 81% to SP$7.2M. Net loss reflects Administrative expenses increase of 25% to SP$85M (expense).
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