UnUsUaL Entertainment

The results were attributed to the success in the group’s move to procure and execute the “right projects".

Thanks to the resumption of large-scale live events, UnUsUaL is back in the black for 1HFY2023.

Here's what the analysts have to say.

“mm2 Asia had proposed several initiatives in the past to pare down its debt, but these have since lapsed.”

While promotion and production segments will continue to be major contributors to the group’s profitability, we may explore other businesses opportunities such as e-sports or sales of event tickets, says UnUsUaL.

Say RHB's Seet and Lee, “earnings ahead will likely continue to be ugly, but we maintain ‘buy’ due to the long-term prospects”.

SINGAPORE (Dec 23): RHB Group Research is staying “neutral” on the consumer and gaming sector and expects earnings in the sector to remain resilient in 2020.

SINGAPORE (Aug 14): mm2 Asia reported 1Q19 earnings increased by 13.2% to $7.25 million, compared to $6.40 million in 1Q18.

SINGAPORE (June 19): UnUsUaL is launching the Asian tour of Walking with Dinosaurs – The Arena Spectacular.