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Yoma Q4 profit soars to US$25.7m on fair value gains
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Published Wed, May 29, 2019 · 09:50 PM
Singapore
MYANMAR-FOCUSED Yoma Strategic Holdings on Wednesday posted a fourth-quarter net profit of US$25.7 million, up from US$432,000 a year ago, mainly due to net fair value gains from investment properties.
This was partially offset by a rise in financing costs from higher borrowings and the rising interest rate environment, the group said in a regulatory filing.
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