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Yoma reverses from loss to US$216,000 in 2HFY21 despite Covid-19 disruptions

Felicia Tan
Felicia Tan • 3 min read
Yoma reverses from loss to US$216,000 in 2HFY21 despite Covid-19 disruptions
No dividend has been declared for the FY2021.
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Yoma Strategic has reported earnings of US$216,000 ($296,080) for the 2HFY2021 ended September, reversing from the US$44.6 million loss registered in the 2HFY2020.

This comes despite the lower revenue of US$43.4 million in the 2HFY2021, which was 15.2% lower than revenue of US$51.2 million.

The lower revenue was mainly due to declines in the food and beverage (F&B) and Motors segment, which were partly mitigated by the slight increase in Yoma’s two real estate segments.

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