Other potential catalysts for the stock include a revisit of the high-speed rail (HSR) project and progress on Indonesia’s Tanjung Jati power plant, which could see YTL grabbing around US$1bil (RM4.15bil) in engineering, procurement and construction works.
PETALING JAYA: Earnings for YTL Corp Bhd
moving forward will be driven by its utilities and cement divisions.
Analysts note that the two divisions had shown sustained underlying recovery and were profitable in the financial year ended June 30, 2021 (FY21).
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