|Bid||0.3100 x 0|
|Ask||0.3150 x 0|
|Day's range||0.3150 - 0.3200|
|52-week range||0.2400 - 0.3950|
|Beta (3Y monthly)||0.99|
|PE ratio (TTM)||22.50|
|Forward dividend & yield||N/A (N/A)|
|1y target est||0.53|
Yoma Strategic Holdings Ltd (SGX: Z59) is a Myanmar-focused conglomerate that is set to grow along with the country’s development. How does the business make money?
Myanmar is one of the last countries in Asia to open its doors to foreign investors. Here are three businesses with operations in this fast-growing nation.
SINGAPORE (July 24): Yoma Strategic Holdings reported attributable net loss for 1Q20 ended June widened to US$13.3 million ($18.2 million) from a restated US$5.6 million a year ago due to lower sales from its property-linked businesses and higher expenses. The restatement of 1Q19 results was due to a change in international financial reporting standards. Yoma’s group revenue dipped 11.5% to US$18.6 million from a year ago.
O pening the lid of her rice cooker, a luxury bought when power finally came to their village in central Myanmar three years ago, Tin Aye scooped out two fat ladles for breakfast. Myanmar is a nation obsessed with rice. Its people eat an average of 155 kilos a year, according to a 2016 survey by the country's rice federation and Yezin Agricultural University, ensuring Myanmar has one of the world's highest rates of rice consumption.