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.