Yoma Strategic Holdings Delivers Strong Property Performance in 1H26 December 29, 2025

Record Revenue Performance

Yoma Strategic Holdings Ltd achieved its highest six-month revenue in 1H26, demonstrating significant operational improvements despite challenging market conditions. The company reported narrower losses of US$8.7 million compared to US$10.5 million in 1H25, marking a substantial improvement in overall financial performance.

Property Development Drives Growth

The standout performer in Yoma’s portfolio was its property development division, Yoma Land Development, which delivered exceptional results with net profit doubling to US$15 million. This represents a remarkable 104% year-over-year jump in earnings, primarily driven by the success of Pun Hlaing Estate’s landed projects. These premium developments have benefited from superior pricing power and healthy profit margins, positioning the division as a key growth driver for the company.

Company Overview and Market Position

Yoma Strategic Holdings operates as a diversified conglomerate with significant exposure to Myanmar’s developing economy. The company’s business portfolio spans property development, food and beverage operations, and mobile finance services. Through its property arm, Yoma focuses on developing high-quality residential and commercial projects that cater to Myanmar’s growing middle class and expatriate community.

Financial Resilience and Strategic Progress

Despite a 9% currency decline, Yoma demonstrated remarkable operational resilience, growing core EBITDA by 50% year-over-year to US$20.5 million in 1H26. The company’s ability to implement price increases in an inflationary environment has been crucial in maintaining and expanding operating margins across its business segments.

The property development division continues to perform strongly, driven by its focus on projects with superior amenities and infrastructure. Meanwhile, the food and beverage segment has maintained stable earnings through strategic price adjustments to preserve margins. The mobile finance division is undergoing a strategic transition toward payments and deposit float as primary sources of profitability.

Finance costs remain the company’s most significant expense at US$18 million, down from US$20.1 million in 1H25. The company has initiated a deleveraging process to reduce interest expenses, supported by significantly improved operating cash flow, which climbed 150% year-over-year to US$16.9 million. With a current book value of S$0.189 per share, Yoma appears well-positioned for continued growth.

Frequently Asked Questions

Q: What were Yoma Strategic Holdings’ key financial highlights in 1H26?
A: Yoma reported its highest six-month revenue in 1H26 with narrower losses of US$8.7 million compared to US$10.5 million in 1H25. Core EBITDA grew 50% year-over-year to US$20.5 million despite a 9% currency decline.

Q: Which business segment performed best during the period?
A: Property development was the standout performer, with Yoma Land Development achieving a 104% year-over-year jump in earnings to US$15 million, driven by strong performance from Pun Hlaing Estate’s landed projects.

Q: How did Yoma manage to grow earnings despite currency headwinds?
A: The company successfully implemented price increases across its business segments in response to inflationary pressures, which helped sustain margins and drive operating earnings growth.

Q: What is driving the success of Yoma’s property development business?
A: The property development division benefits from projects with good amenities and infrastructure, particularly the premium-priced landed projects at Pun Hlaing Estate that enjoy healthy profit margins.

Q: How is the company addressing its finance costs?
A: Yoma has initiated a deleveraging process to reduce interest expenses. Finance costs decreased from US$20.1 million in 1H25 to US$18 million in 1H26, while operating cash flow improved significantly.

Q: What is the current book value per share?
A: The company’s book value is currently S$0.189 per share.

Q: How did operating cash flow perform in 1H26?
A: Operating cash flow showed strong improvement, climbing 150% year-over-year to US$16.9 million in 1H26.

Q: What strategic changes are occurring in the mobile finance business?
A: The mobile finance division is transitioning toward payments and deposit float as primary sources of profitability, representing a strategic shift in its business model.

This article has been auto-generated using PhillipGPT. It is based on a report by a Phillip Securities Research analyst.

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