YTL Corp 3Q net profit surges over three-fold q-o-q

YTL Corp executive chairman Tan Sri Francis Yeoh Sock Ping

PETALING JAYA: Conglomerate YTL Corp Bhd’s profit after tax for its third quarter ended March 31 (3QFY23) surged more than three-fold quarter-on-quarter (q-o-q) to RM659.4mil from the RM196.6mil registered for the preceding three months ended Dec 31, as turnover for 3QFY23 also grew 11% to RM7.33bil q-o-q.

YTL Corp executive chairman, Tan Sri Francis Yeoh Sock Ping attributed the strong financial showing for the quarter in review to the better performances of almost all of the group’s business segments.