Mm2 Asia's Loss Widens More Than Elevenfold in Fiscal H2; Shares Plunge 20%

MT Newswires
2025/08/29

Mm2 Asia's (SGX:1B0) attributable loss widened by more than 1000% to SG$101.3 million during the fiscal second half of the year ended June 30, from SG$8.7 million a year earlier, according to a Thursday filing with the Singapore Exchange.

Shares of the company plunged over 20% in Friday trading.

Loss per share from continuing operations stood at SG$0.0178 compared with SG$0.0018 in the comparable period.

Revenue from continuing operations jumped 21% year over year to SG$79.7 million from SG$65.9 million.

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