Analysts say YTL Corpopration produced results that are below expectations. They say YTL Power continued to anchor revenue and earnings, with stronger water utilities performance by Wessex Water and Ranhill Utilities and rapidly rising data centre contributions partly offsetting weaker Power Seraya profitability due to weaker vesting margins, lower generation volumes and stronger ringgit against the SGD.
YTL Corporation
Cement and building materials, the segment was the best performer once again, recording a +34.3%yoy growth in PBT to RM493.1m, with an improvement in PBT margin from 23.8% to 26.0%. But analysts from MBSB maintained BUY recommendation on YTL Corp with a revised SOTP.
Table of Contents
Read More News on Latest Malaysia
Follow us on:
Read More News on Business News Malaysia
Read More News on SG Business News
Read More News on World Future TV

