Yoma swings to S$4.9m loss in Q3

Singapore

MAINBOARD-listed Yoma Strategic Holdings swung to a fiscal third-quarter net loss of S$4.9 million from a year-ago profit of S$16.8 million on higher finance expenses and the absence of one-off gains, the Myanmar-focused conglomerate reported on Wednesday before the market opened.

Loss per share for the three months ended Dec 31, 2018 was 0.26 Singapore cent, compared with earnings of 0.91 Singapore cent the year before.