NEWS
PRESS RELEASE

Press Enquiries

Please contact us.
Email: contact@ytlesolutions.com
Call: + 603 - 2330 2700
Results: 3 - 4 of 83
Pages: Previous 1 [2] 3 4 5 6 7 8 9 10 11 Next

YTL Corp Registers 9-Month Revenue of RM12.0 Billion (US$3.0 Billion) ; Profit for the Period Stands at RM1.2 Billion (US$289 Million)
Kuala Lumpur, 26 May 2016
YTL Group Managing Director Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, "The Group registered a stable set of results for the first 3 quarters of the 2016 financial year, as operating conditions remain tough in some of our key markets. Better results for the 9 months under review were contributed mainly by our cement, construction and hotels divisions, offset mainly by lower revenues in the utilities segment.

"Our key utilities division continues to face lower vesting volumes and retail margins in the multi-utilities segment in Singapore, in addition to the absence of revenue from the contracted power generation segment following the successful completion of the power purchase agreement for our Malaysian power stations during the first quarter of the financial year.

"On the REIT front, the absence of fair value gains on investment properties under our Starhill Global REIT in Singapore during the current quarter also impacted performance, coupled with unrealised foreign exchange losses on an Australian Dollar denominated term loan recorded by YTL Hospitality REIT."

YTL Corp Registers Half-Year Revenue of RM8.4 Billion (US$2.0 Billion); Profit for the Period Stands at RM772 Million (US$185 Million)
Kuala Lumpur, 25 February 2016
YTL Group Managing Director Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, "The Group's performance remained relatively steady for the first 6 months of the 2016 financial year, particularly in view of the challenging operating conditions that continue to persist in some of our key markets and coupled with the completion of the power purchase agreement for our Malaysian power stations in September 2015. Revenue growth for the 6 months under review was contributed mainly by our cement, construction, property, hotels and management services divisions, offset mainly by lower revenues in the utilities segment.

"In addition to the absence of revenue from the contracted power generation business, our utilities division was also impacted by lower vesting volumes in the multi-utilities segment in Singapore. Meanwhile, our cement division turned in a strong set of results, attributable to better performance in the concrete and cement sub-segments. Our property and hotels businesses also continued to perform well for the half-year under review."

Results: 3 - 4 of 83
Pages: Previous 1 [2] 3 4 5 6 7 8 9 10 11 Next

 

© 2016 YTL e-Solutions Berhad (236137-K). Terms, Conditions and Disclaimer | Privacy Policy