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Yoma Strategic posts 36.4% higher revenue y-o-y for 4Q2023 at US$49.8 mil

Khairani Afifi Noordin
Khairani Afifi Noordin • 2 min read
Yoma Strategic posts 36.4% higher revenue y-o-y for 4Q2023 at US$49.8 mil
Within its real estate development segment, unrecognised revenue from ongoing projects stood at US$173.4 million as at December. Photo: Yoma
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Yoma Strategic Holdings has posted revenue of US$49.8 million ($66.8 million) for the three months ended December, 36.4% higher than the previous corresponding period at US$36.5 million.

Within its real estate development segment, unrecognised revenue from ongoing projects stood at US$173.4 million as at December 31, compared to the US$65.2 million recorded at end-September.

This revenue is expected to be realised over the next 18 to 24 months as construction progresses.

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