YTL Power's AI-DC prospects remain intact

KUALA LUMPUR: Analysts revised higher their valuations for YTL Power International Bhd with expectations of improved earnings from Wessex Water and growth prospects from the artificial intelligence-data centre (AI-DC) venture.

In a filing with the Stock Exchange yesterday, YTL Power posted an increase in revenue to RM5.16bil in 3QFY24 compared to RM5.36bil in the previous corresponding quarter.