mm2 Asia FY20 net profit down 81.5% on Covid-19 impact

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.