Yoma Strategic Q1 loss widens to US$13.3m on lower real estate revenue, higher expenses

MYANMAR-FOCUSED Yoma Strategic Holdings incurred a net loss of US$13.3 million for its first quarter ended June 30, 2019, deepening from a net loss of US$5.6 million a year ago, amid lower real estate development revenues and higher finance expenses. Revenue shrank 11.5 per cent to US$18.6 million, down from US$21 million in the previous […]

Yoma Strategic profits from equipment sales, KFC expansion in Myanmar

On October 27, Yoma Strategic, an affiliate of First Myanmar Investments Company (FMI), which is listed on the Yangon Stock Exchange (YSX), announced a strong set of financial results for the period ended September 30. The company announced revenues amounting to S$59 million for the six months to September 30, 2017, representing an increase of […]