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mm2 Asia post-IPO results show growth

Vincent Chia
mm2 Asia post-IPO results show growth

mm2 Asia Limited announced its full year results. Full year revenue was up 51% year-on-year to $24.3 million while PATMI was up 85% year-on-year to $5.0 million. The results were attributed to a 135% increase year-on-year in its Production revenue. Distribution revenue was also up by 20% year-on-year. Going forward, mm2 Asia has plans for expansion into Taiwan, Hong Kong and China. This will help it to grow beyond its existing markets of Singapore and Malaysia. It has also acquired a 3D animation company in Singapore. This will post its post-production capabilities to the production community.

GET TO THE POINT : The start is always to have a strategic plans. This then translates into execution and eventually growth.

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