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Yoma reports relatively stable group revenue for 1Q update, says it will continue to monitor situation in Myanmar

Felicia Tan
Felicia Tan2/6/2021 11:49 PM GMT+08  • 2 min read
Yoma reports relatively stable group revenue for 1Q update, says it will continue to monitor situation in Myanmar
Shares in Yoma closed 0.6 cent lower or 3% down at 19.4 cents on Feb 5.
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Yoma Strategic Holdings has reported group revenue of US$24.8 million ($33.1 million) for the 1QFY2021 ended December, 0.9% higher than revenue of US$24.6 million from a year ago.

Yoma, which has a diversified portfolio of businesses in Myanmar, saw mixed contributions.

For the 1QFY2021, group revenue was lifted mainly by investment and corporate, which saw an 80.6% growth y-o-y to US$0.4 million.

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