YTL Hospitality-REIT posts good FY24 results


PETALING JAYA: YTL Hospitality Real Estate Investment Trust (YTL Hospitality-REIT) posted a 10.8% year-on-year (y-o-y) growth in net profit to RM76mil for the quarter ended June 30, as revenue increased a similar 10.7% to RM130.2mil.

Net earnings for the full year ended June 30 rose 26% y-o-y to RM178mil, as turnover climbed 14% to RM554.9mil.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Cashku partners Kenanga Investors to offer funds from RM10
Bargain hunting lifts FBM KLCI at midday after Tuesday’s selloff
Hengyuan tumbles 15%, short selling suspended
China services growth hits three-month high, private PMI shows
Malaysian firms generate RM305.62mil sales at China-Asean Expo
Australian dollar hits 9-week low, rounds out a rough month
EY names 12 top nominees for 2026 Malaysia entrepreneur awards
Australia's inflation accelerates in August, core still stubbornly high
Maybank, Gallant Venture expand Bintan halal hub
Chinese factory activity returns to growth in September amid AI boom

Others Also Read