Yoma Strategic reports 1HFY2023 loss of US$1.3 mil as revenue spikes by 173% y-o-y

Other gains rose by 46.9% y-o-y to US$5.4 million on higher interest income.

Core ebitda surged by 269% y-o-y to US$18.8 million as all businesses contributed positively with sales growth, better margins and a focus on keeping costs efficient.

Loss per share stood at 0.12 US cents, up from 0.39 US cents per share in the same period the year before.

As at Sept 30, cash and cash equivalents stood at US$57.7 million.

See also: Marco Polo Marine's FY2025 earnings up 169.7% y-o-y on one-off gains and higher chartering income

No interim dividend was declared for the period.

As at 4.58pm, shares in Yoma are trading 0.3 cents higher or 3.90% up at 8 cents.