Earnings recovery seen for YTL Power

The company’s shares fell one sen to close at 70 sen yesterday

PETALING JAYA: Recovery in earnings for YTL Power International Bhd is now likely to be seen in two years’ time following the delay in the commissioning of its 45%-owned shale-fired Attarat Power Plant in Jordan.

The US$2.1bil, 470 megawatt (MW) shale oil power plant in Attarat, Jordan was seen as the next money spinner for the utility outfit.

Start your ads-free experience now!

Monthly Plan


Annual Plan


Billed as RM148.00/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Stocks bask in Nvidia glow, dollar steady
KLK subsidiary ends contract with recruitment agency
Eco World International's sales on track
Bursa Malaysia ends lower on profit-taking
Yinson records net profit of RM203mil in 1Q
Oil steady amid US stock build but war jitters abound
Binastra unit bags RM313.7mil building contract
Huawei, Tencent near deal to exclude WeChat from revenue sharing
IIB inks strategic partnership with TM-Nxera
Matrix Concepts enters 1,000-acre land JV with NS Corp

Others Also Read