Data centres to bolster YTL Power

CIMB Research reduced its 2025 to 2027 core net profit forecasts for YTL Power by between 7% and 17%.

PETALING JAYA: Despite a cut in YTL Power International Bhd’s overall profit forecasts, CIMB Research is still upbeat on the group’s data centre business.

The research house raised its forecast on earnings before interest, taxes, depreciation and amortisation (Ebitda) margins for YTL Power’s co-located data centre segment.