Yoma's Q3 profit slumps 98.7%

Singapore

MAINBOARD-LISTED Yoma Strategic Holdings posted on Friday a 98.7 per cent plunge in its Q3 net profit, citing the strengthening of the US dollar (USD) as a cause of the massive drop.

Net profit for the three months ended Dec 31, 2016 was S$0.3 million, down from S$25.2 million a year ago.