A new Myanmar paves the way for Yoma’s future

SINGAPORE (Nov 10): DBS Vickers Securities is maintaining its “buy” call on Yoma Strategic Holdings with an unchanged target price of 80 cents, while remaining positive on the group’s prospects on the back of an improved operating outlook in Myanmar.

This comes after the Myanmar-focused business conglomerate posted 2Q17 earnings of $8.5 million, which was 28 times more from $0.3 million the year before.

(See also: Yoma’s 2Q earnings surge to $8.5 mil on higher revenue)

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