Investor Relations
 
  PRESS RELEASES  
 
       
 


Results 11 - 15 of 171

Page Previous 1 2 [ 3 ] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 Next


YTL Corp Registers 9-Month Revenue of RM12.0 Billion (US$3.0 Billion) ; Profit for the Period Stands at RM1.2 Billion (US$289 Million)
melisa@ytlesolutions.com - 26 May 2016 5:53:02 PM

YTL Group Managing Director Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, "The Group registered a stable set of results for the first 3 quarters of the 2016 financial year, as operating conditions remain tough in some of our key markets. Better results for the 9 months under review were contributed mainly by our cement, construction and hotels divisions, offset mainly by lower revenues in the utilities segment.

"Our key utilities division continues to face lower vesting volumes and retail margins in the multi-utilities segment in Singapore, in addition to the absence of revenue from the contracted power generation segment following the successful completion of the power purchase agreement for our Malaysian power stations during the first quarter of the financial year.

"On the REIT front, the absence of fair value gains on investment properties under our Starhill Global REIT in Singapore during the current quarter also impacted performance, coupled with unrealised foreign exchange losses on an Australian Dollar denominated term loan recorded by YTL Hospitality REIT." [more...]




YTL Corp Records 1st Quarter Revenue of RM4.4 Billion (US$1.0 Billion) & Profit of RM319 Million (US$73 Million)
melisa@ytlesolutions.com - 26 November 2015 5:49:17 PM

YTL Group Managing Director Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, "The Group has seen a satisfactory start to the 2016 financial year, particularly in light of current market conditions and ongoing volatility both at home and in many of the countries where we operate, with revenue of RM4.45 billion for the current quarter, compared to RM4.48 billion for the same period last year. Revenue growth was contributed mainly by our construction, cement and hotels divisions, offset by lower revenues in the utilities and property segments. Meanwhile, profit for the quarter was impacted primarily by challenging conditions in the merchant multi-utilities business in Singapore and the ongoing intense competition in the local cement industry.

"Looking ahead, our general outlook for 2016 remains satisfactory across the Group's operating segments. In our key multi-utilities segment, we expect to further develop the portfolio of regulated and non-regulated businesses to bolster performance, in addition to introducing LTE services to our Yes network offerings." [more...]




YTL Corporation Awarded Malaysia's Best Real Estate Developer In Euromoney Real Estate AwardS 2015
kumshi.mak@ytl.com.my - 18 September 2015 9:32:13 AM

YTL Corporation Berhad was rated as Malaysia’s Best Real Estate Developer (Overall) in Euromoney Real Estate Awards 2015. Euromoney magazine’s 11th annual Real Estate Survey canvassed the opinions of real estate advisers, developers, investment managers, corporate end-users and banks worldwide.

“We are honoured to be acknowledged as Malaysia’s best real estate developer by professionals and industry analysts worldwide in recognition of our performance, accomplishments and contributions to the real estate industry. This award is testament to our vision to deliver truly valuable branded real estate for our Malaysian and international markets by leveraging on the diverse expertise and experience of the YTL Group,” said Dato’ Yeoh Seok Kian, Executive Director of YTL Land & Development Berhad, a subsidiary of YTL Corporation which undertakes property development projects. [more...]



YTL Corp Records Full-Year Revenue of RM16.8 Billion (US$4.2 Billion), Profit for the Period Stands at RM1.8 Billion (US$437 Million)
melisa@ytlesolutions.com - 20 August 2015 7:17:13 PM

YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, “The 2015 financial year has been a fairly challenging one for our Group, particularly in the merchant multi-utilities division of our utilities business, which remains the Group’s largest segment. Ongoing excess generation capacity in Singapore’s electricity market coupled with lower vesting volumes continued to add pressure to both margins and sales volumes in the merchant multi-utilities business, although this was partially offset by better performance in the water and sewerage division owing to the strengthening of the British Pound against the Malaysian Ringgit.

“In the contracted power generation division, our current power purchase agreement under YTL Power Generation Sdn Bhd is due to expire in September 2015, but we are in discussions to supply power from our existing Paka power station under the short term capacity bid called by the Malaysian Energy Commission. Discussions on the terms are currently ongoing and upon completion, a new power purchase agreement is expected to be signed for the period from March 2016 to December 2018.

“In the cement division, higher revenue was contributed by the concrete and quarry businesses, in addition to consolidation of revenue of a subsidiary acquired during the year, whilst the decrease in profit was attributed to intense competition in the industry and higher production costs.

“Meanwhile, the Group’s hotel division registered better performance for the year under review, due to the higher unrealised foreign exchange gains from our international hotels, whilst our property development business recorded lower revenue and profit on the absence of sales of completed properties, and also lower net fair value gain on investment properties.” [more...]




YTL Corp Registers 9-Month Revenue of RM12.7 Billion (US$3.5 Billion); Profit for the Period Stands at RM1.3 Billion (US$370 Million)
melisa@ytlesolutions.com - 21 May 2015 4:27:35 PM

YTL Group Managing Director Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, "The Group's lower revenue and profit for the 9 months under review of the 2015 financial year, compared to the same period last year, reflects the more challenging environment in some of our major operating markets.

"In particular, increased competition in Singapore's electricity market continued to impact earnings in our utilities division. Profits from our cement operations in Malaysia were also affected by increased competition in the domestic market despite higher revenue owing to better performance in the concrete and quarry segments, and the acquisition of a new subsidiary in Singapore.

"The Group's hotel division registered better performance for the 9 months under review, contributed mainly by our hotels in Bath in the United Kingdom, and Hokkaido, Japan, as well as in Kuala Lumpur. Our property development business recorded lower revenue and profit due to the completion of launched phases of residential projects." [more...]



 
 
Copyright © 2018 YTL Corporation Berhad (92647-H). All rights reserved.
Terms, Conditions and Disclaimers. Privacy Policy. Powered by YTL e-Solutions Bhd