The loss was due to currency translation losses on THB and USD borrowings.

Yoma Strategic reported a wider net loss of $16.7m (US$12.5m) for H1 2025 ended September, up from $1.7m (US$1.3m) a year ago.

The decline was primarily due to the $9.8m (US$7.3m) of currency translation losses on THB and USD borrowings.

Revenue in USD terms also declined to US$95.2m from US$111.6m in H12024 due to a 55% depreciation of Myanmar Kyat (MMK).

On the flip side, revenue in MMK terms grew by over 35% year-on-year (YoY) amidst significant YoY revenue increases in its segments including Yoma Land Development (+81.2%), Yoma F&B (+44.8%), and Yoma Land Services (+35.2%).

Meanwhile, revenue from its Mobile Financial Services segment showed significant YoY decreases of 47.1% in USD terms and 16.2% in MMK terms, whilst revenue from the Yoma Motors segment declined 47.5% and 18.1%, respectively.

Revenue from the Leasing segment remained stable in MMK terms but declined 35.9% YoY in USD terms to US$2.5m from $3.9m.