PETALING JAYA: CIMB Research expects YTL Power International Bhd
’s earnings to get a boost from the higher water tariff rates applicable by its subsidiary, Wessex Water, in the United Kingdom but offset by weaker return from the power business in Singapore under Seraya Power.
The research house raised its estimates for YTL Power’s financial year 2026 (FY26) and FY27 core earning per share (EPS) by 5% and 3% respectively, to factor in the higher Wessex earnings contribution following the Water Services Regulation Authority’s final determination on water tariff rates for 2025 to 2030.
