YTL Corp Bhd has recorded a 57% increase in net profit to RM231.1mil for the third quarter ended March 31, 2004. The increase was largely due to recognition of deferred tax benefits by an associated company.
The group’s pre-tax profit showed a marginal decline of 1.5% to RM245.3mil. Its revenue rose 14% to RM1.1bil in the third quarter.
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