Strong Q4 results forecast for YTL Power

Kenanga Research said it has raised its financial year 2023 (FY23) and FY24 profit forecasts for YTL Power by 26% and 34%, respectively.

PETALING JAYA: YTL Power International Bhd expects to report another strong set of results in the fourth quarter of its financial year ending June 2023 (4Q23).

This comes on the back of the recent hike in Singapore power retail prices and a tariff hike for United Kingdom-based Wessex Water in April this year.