PETALING JAYA: Despite sequential earnings improvement at YTL Power International Bhd
’s power and water operations, a rerating for the stock hinges on the monetisation of the company’s artificial intelligence (AI) data centre ventures and prospects in new domestic projects.
Analysts covering the stock viewed the results for its fourth quarter ended June 30, 2025 (4Q25) released last week as largely satisfactory but differed slightly on the stock’s upside, with Maybank Investment Bank Research (Maybank IB) Research describing the quarter as “a commendable one”, highlighting that “YTL Power’s 4Q25 results were in line with expectations as earnings improved sequentially at both YTL PowerSeraya Pte Ltd and YTL Wessex Water.
