Financial Performance

The functional efficiency of the MMA Secretariat was substantially enhanced which resulted in high quality service to its members.  The financial performance of MMA for the year 2020-21 has been good.

 

You may notice that there has been a consistent generation of revenue in spite of the impact of Pandemic during the financial year. This has happened mainly on account income from subscriptions, better surplus at the conventions, thanks to the generous support from our sponsors and the constant attention to reduce costs and expenditure. The surplus generated is being re-deployed for improving infrastructure and enhancing the quality of MMA’s offering to the members.

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The highlights of financial performance are outlined in the tables that follow: