YTL Corp first-quarter revenue climbs 16%

Executive chairman Yeoh attributed the improved financial performance to better margins and the strengthening of the Singapore dollar against the ringgit in the power generation segment.

PETALING JAYA: YTL Corp Bhd has reported a 16% year-on-year (y-o-y) increase in revenue to RM7.52bil in the first quarter ended Sept 30, driven by improved performance across almost all business segments.

The conglomerate’s profit after tax (PAT) in the first quarter jumped by more than seven-fold to RM940.2mil as compared to RM123.6mil a year earlier.