mm2 Asia FY20 net profit down 81.5% on Covid-19 impact
Add BT as a preferred source
Sharon See
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
FILM production group mm2 Asia saw its net profit decline 81.5 per cent in its latest financial year due to a challenging environment exacerbated by the Covid-19 pandemic.
For financial year 2020, which ended March 31, 2020, its net profit was S$3.5 million, the mainboard-listed company said late on Saturday.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
