Floating Button

Yoma Strategic sinks to 2Q loss of $60 mil; announces deal to sell 20% stake to Ayala Corp

Stanislaus Jude Chan
Stanislaus Jude Chan • 4 min read
Yoma Strategic sinks to 2Q loss of $60 mil; announces deal to sell 20% stake to Ayala Corp
SINGAPORE (Nov 14): Yoma Strategic Holdings sank into the red with a net loss of US$44.2 million ($60.2 million) for 2Q20 ended September, compared to earnings of US$18.8 million a year ago.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Nov 14): Yoma Strategic Holdings sank into the red with a net loss of US$44.2 million ($60.2 million) for 2Q20 ended September, compared to earnings of US$18.8 million a year ago.

On a fully diluted basis, this translates to loss per share of 2.33 US cents for 2Q20, compared to earnings per share of 0.99 US cents in 2Q19.

This brings the group’s net loss for 1H20 to US$57.5 million, compared to earnings of US$13.2 million in 1H19.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.