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The latest announcement is out from Yoma Strategic Holdings ( (SG:Z59) ).
Yoma Strategic Holdings reported a 54% revenue growth in Myanmar Kyat terms for the three months ending December 2024, though USD revenue remained stable due to the local currency’s depreciation. The real estate sector performed well, and the F&B sector saw strong demand, while Wave Money faced challenges but anticipates growth from the upcoming MMQR payment system rollout.
More about Yoma Strategic Holdings
Yoma Strategic Holdings Ltd. operates in various sectors including real estate development, food and beverage, mobile financial services, leasing, and automotive services. The company’s market focus is primarily in Myanmar, where it engages in real estate projects like StarCity and Pun Hlaing Estate, operates KFC and YKKO in the F&B sector, and offers mobile financial services through Wave Money.
YTD Price Performance: 3.85%
Average Trading Volume: 162
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $132.1M
For an in-depth examination of Z59 stock, go to TipRanks’ Stock Analysis page.