YTL Corp’s profit slides on lower power and property contributions

YTL Corp's utilities division, represented by YTL Power International, contributes more than half of the group's profit.

KUALA LUMPUR: YTL Corp Bhd’s earnings fell 6.3% year-on-year (y-o-y) to RM202.61mil for the first quarter (Q1) ended Sept 30 mainly due to the lower contributions from utilities and property-related activities.