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Yoma goes deeper into the red with net loss of US$21.6 mil for 1H21

Felicia Tan
Felicia Tan5/14/2021 11:29 PM GMT+08  • 4 min read
Yoma goes deeper into the red with net loss of US$21.6 mil for 1H21
Looking ahead, the group says it expects to enforce financial implementation measures including a reduction in staff costs.
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Yoma Strategic has reported a net loss of US$21.6 million ($28.8 million) for the 1HFY2021 ended March, 21.7% more than the net loss of US$17.8 million in the 1HFY2020.

The lower figures were due to the impact of Covid-19 and the “uncertain operating environment” in Myanmar due to the coup that began in February 2021.

As a result, the group reported basic loss per share of 0.90 US cents during the half-year period.

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