UnUsUaL Limited Records Strong Financial Results for FY2019
27 May 2019
UnUsUaL Limited Records Strong Financial Results for
- Recorded strong revenue of S$56.9 million, a 22.6% surge Y-O-Y on the back of higher revenue contributions from its Promotion and Others business segments
- Net Profit rose 32.0% Y-O-Y
- Continued its momentum into the ownership of globally appealing shows and live entertainment Intellectual Properties (IP)
UnUsUaL Limited (SGX: 1D1) (“UnUsUaL”, the “Company”, or collectively with its subsidiaries, the “Group”), today announced its financial results for its full year ended 31 March 2019 (“FY2019”), recording a 32.0% Y-o-Y increase in net profit to S$13.2 million.
The local and regional live entertainment industries remain competitive and challenging. In this regard, we have established our plans for the next 12 months, which include the Promotion and Production of globally appealing shows in addition to our usual offerings of concerts by well-known artistes. With this, we look towards a reasonable performance ahead.
Annotating on the Group’s FY2019 results, Chief Executive Officer of UnUsUaL, Mr Leslie Ong said, “It has been an exhilarating year with many critical opportunities that opened doors for us. Looking back at our achievement in the past one year, we are especially gratified with how far we have come today as a Group. The Group’s financial performance in FY2019 is a testament to our hard work and a reflective indication of our capabilities as one of the leading names in Asia in the industry. As we keep our momentum and chart further growth ahead, we will continue to improve operations and strengthen our business with better entertainment products that can excite and grow our audience and boost our target audience beyond the traditional concert goers.”