Yoma Strategic's Revenue Declines in Fiscal Q3

MT Newswires

02-11

Yoma Strategic (SGX:Z59) reported revenue of $48.6 million for three months ended Dec. 31, 2024, versus $49.8 million a year prior, according to a Tuesday filing with the Singapore Exchange.

The group's financial performance in the fiscal third quarter was driven by Yoma Land Development, mobile financial services, and Yoma F&B, representing over 85% of its total revenue.

Real estate development revenue surged 126.9% in Myanmar kyat (MKT) terms, while Yoma F&B revenue rose to $9.1 million from $8.7 million.

However, revenue from mobile financial services fell to $6.5 million from $14.0 million.

Shares of the company were up over 2% in recent trading.

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