mm2 Asia widens net loss in H1

Revenue also fell 13.9% year on year to $165.1m during the same period.

mm2 Asia Limited has widened its net loss attributable to equity holders to $122.4m during the first half of the financial year 2025, as compared to last year’s $1.9m.

Total group revenue also fell 13.9% year on year to $165.1m during the same period.

Regional sales for content remained strong despite dipping slightly to $24.7m, whilst the concert and event business exhibited greater losses due to the lower number of projects.

Full impairment was recognised in the company’s cinema business with the closure of two cinemas in Singapore and ongoing legal demands.

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