YTL Power 2Q net profit jumps to RM198.82mil

KUALA LUMPUR: YTL Power International Bhd’s net profit for the second quarter ended Dec 31, 2022 (2Q FY2023) soared to RM198.82 million from RM18.79 million in the same quarter in 2Q FY2022, due to higher earnings in the power generation division.

Revenue, however, fell by 7.9 per cent to RM4.70 billion from RM5.11 billion previously, the company said in a filing with Bursa Malaysia today.