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Yoma's Q3 profit slumps 98.7%

Published Fri, Feb 10, 2017 · 09:50 PM
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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.

Earnings per share for the quarter was 0.02 Singapore cent, down from 1.45 Singapore cents the previous ye…

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