During the quarter in review, YTL saw its revenue grow 21.7% to RM5.54bil from RM4.55bil previously, driven by its construction; cement manufacturing and trading; property investment and development; and hotels divisions
PETALING JAYA: Construction and engineering conglomerate YTL Corp Bhd
’s net profit fell 60.9% to RM17.54mil for the second quarter (2Q19) ended Dec 31,2019, from RM44.82mil in the previous corresponding period.
This was due to lower contribution from its information technology and e-commerce related business as well as utilities divisions.
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