YTL Corp Q2 pre-tax profit up 44% to RM197mil


The group’s earnings before interest, tax, depreciation and amortisation (Ebitda) stood at RM2bil for the first half of FY21, remaining resilient in the face of the ongoing Covid-19 pandemic, supported by the strength of our utilities, cement and construction businesses, said executive chairman Tan Sri Francis Yeoh in a statement.

KUALA LUMPUR: YTL Corp Bhd’s revenue increased by 10% quarter-on-quarter (q-o-q) to RM4.59bil for the second quarter ended Dec 31,2020 compared with RM4.18bil in the previous quarter.

Profit before tax grew 44% to RM196.9mil in Q2 from RM136.8mil in Q1 while profit after tax saw a 75% jump to RM85.4mil from RM48.7mil previously.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

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!

YTL Corp , YTL Power , profit , Francis Yeoh , tax ,

   

Next In Business News

Key Asic collaborates with Japan's NSW to develop Asic business
SkyWorld partners PR1MA to develop affordable homes in Brickfields
Ringgit marginally higher vs US$ at the close
Malaysia among Top 20 markets for financial inclusion
Petron: No disruption to petroleum products supply amid refinery maintenance
Bursa Malaysia ends flat amid mixed regional performance
Guan Chong plans purchase of 25% equity in Ivory Coast cocoa processor
LBS Bina subsidiary awards RM104mil EPCC contract for Negeri Sembilan solar farm
Tropicana seals RM240mil land deal in Johor
Moody's sees higher sukuk issuance in Malaysia in second half of year

Others Also Read