|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||0.43 - 0.44|
|52-week range||0.41 - 0.65|
|PE ratio (TTM)||15.93|
|Forward dividend & yield||0.00 (0.58%)|
|1y target est||0.65|
March 12 (Reuters) - Yoma Strategic Holdings Ltd: * CO AND GRAB TO PARTNER TO UPGRADE FLEET OF TAXIS IN MYANMAR, AND PROVIDE VEHICLE FINANCING FOR GRAB'S DRIVER-PARTNERS Source text for Eikon: Further ...
This article looks at the latest performance and outlook of Yoma Strategic Holdings Ltd's (SGX: Z59) different businesses.
Important information on Yoma Strategic Holdings Ltd's (SGX:Z59) Automotive & Heavy Equipment business.
Yoma Strategic Holdings (Yoma) announced that in 3Q18, net profit increased by 4,916.2 percent year-on-year to $16.8 million, up from $0.3 million for 3Q17. The increase in net profit was a result of disposal gains arising from the disposal of the group’s tourism related businesses as well as higher revenue from its Automotive & Heavy Equipment and Consumer businesses.
Mainboard-listed Yoma Strategic Holdings reflected a significant growth in its net profit for the past quarter, up 71.7% to $3.9m compared to last year. The group said it saw better operational performance across all of its businesses as revenue grew 46.8% YoY to $25.8m from $17.6m. Its consumer business reported a healthy revenue, up 42.1% to $3.1m due to the expansion of its KFC business.