FY Mar-2025 Financial Highlights

* FY Sep 2019 is the reporting period of six months between 1 April 2019 to 30 September 2019.
* FY Mar 2022 is the reporting period of six months between 1 Oct 2021 to 31 March 2022.
** Dividend Income and Rental Income collectively made up less than 1% of total sources of income.

The Group is proactively managing its business performance amidst of the challenges and uncertainties existing in the current business landscape. The impact of natural disasters such as flood and earthquake affected operations in certain areas of the businesses. The Group took necessary actions to support the staff and community wide in the impacted regions and carried out infrastructure assessments for safety as well as setting up cohesive plans to run the operations smoothly. While embracing the opportunities in the business environment, the overall revenue was increased by 11.1% to MMK 554.7Bn in FY2025, in which Yoma Bank contributed 81% of revenue, and followed by 19% from Pun Hlaing Hospitals. The revenue from Yoma Bank was lifted by the higher interest income arising from the interest rate changed by the Central Bank of Myanmar (CBM) in September 2024 and treasury income from increasing investment in government securities and inter-bank placements to cushion the lower loan disbursements and liquidity stability. On the other hand, Pun Hlaing Hospitals gained organic revenue growth via increased patient throughput in inpatient and outpatient services from excellent clinical services and oversea doctors’ visit. The offerings of medical check-up (MCU) discount packages and digital platform called “HEAL APP” which facilitate the medical services also contributed revenue growth.

Despite an enhancement in overall revenue, the gross profit margin decreased by 18.7% due to the lower margins resulting from the decrease in non-funded income as a consequence of reduction in loan disbursements and exchange gains at Yoma Bank, whereas Hospitals retained flat margin year to year.

The administrative expenses went up by 8.3% as operating costs and general commodity prices increased across all segments. Apart from the normal operating expenses, the Bank is actively managing its home loan limit and offering incentives to customers for early settlement of home loans. The increased in administrative expenses was also constituted by the donations and provisions for losses recognized by Yoma Bank and Pun Hlaing Hospitals in response to the natural disasters. Regardless of the increase in administrative expenses, the Bank is closely monitoring its credit profile and being able to reduce the provisions on non-performing loans (NPLs) through excellent NPLs recovery which partially lowered the administrative expenses.

The share of profit from associates, mostly from Real Estate and Tourism segments, decreased compared to last year and the Group’s net profit was reduced to MMK 10.9Bn in FY2025 compared to MMK 58.1 Bn in FY2024 according to the afore-mentioned reasons.

The Group’s total assets reduced by 8.3% to MMK 5.0Tn as the total loan portfolio of Yoma Bank dropped by 30% from last year due to the temporary pause in lending activities. However, the commercial lending activities were resumed in January 2025 under the approval from CBM. Meanwhile, the total liabilities of the Group also decreased by 9.6% to MMK 4.4Tn from the reduction in deposit balances from customers at Yoma Bank. The Bank is managing its loan-to-deposit ratio while engaging in a relationship with its value customers.

The Group’s equity went up by 2.5% particularly due to the increase in translation reserves from associates and non-controlling interest from Pun Hlaing Hospitals.