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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.