1. Real estate development - biggest segment of all, accounting for 60% of revenues and
the bulk of the profits within the group.
2. Agriculture - has rights to the Maw Tin estate, which comprises 100,000 acres of
contiguous agricultural land in the Ayerwaddy Division of Myanmar.
3. Construction - relates to the rental of the shopping centre and retail stores in PRC.
4. Tourism - operation of hot air balloons in Bagan and related travelling services.
5. Automobiles - The automotive and equipment segment is in the business of supplying and
leasing of motor vehicles and automotive equipment, including maintenance services.
6. Retail - focuses on operating quick-service restaurants and developing food and
beverage distribution and other retail businesses. And KFC.
Cashflow
Aug 2016
Profit drop 28.6% for fiscal first quarter
Oct 2016
Revenue has also gone up 25.2 per cent to S$24.9 million year-on-year, thanks to its growth in its three core businesses.
Profit go up to S$8.5 million for its second quarter ended Sept 30 2016, from S$298,000 a year ago.
Jan 2017
Profit of $0.3 million for 3QFY17, a 98.7% drop from the earnings of $25.2 million in 3Q16 on lower fair value gain of its telco towers business after disposing a partial stake in it.
Revenue had risen 16.6% to $27.7 million on the back of higher sales of residences and land development rights as the group started to recognise the revenue from the share of profits on sales of StarCity Zone C.
The group recorded higher revenue from its automotive and equipment business segment, which rose 17.6% to $10.2 million, largely coming from Convenience Prosperity which trades New Holland tractors. Its vehicle leasing business, Yoma Fleet, also recorded an increase in revenue from $1.1 million to $1.6 million.
At its consumer business, the group's KFC stores recorded an increase in revenue from $1.4 million to $3 million due to the opening of four additional stores.
Net other income fell 57.5% to $12.9 million, owing to lower fair value gains at its telecommunications towers investment.
US markets: The major averages ended the day modestly lower, with the S&P 500 and the Nasdaq closing lower for the first time in 2018.stock market tips
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