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11% Growth in YTL Corp’s Full-Year Profit Driven by Overseas Earnings
melisa@ytlesolutions.com - 19 August 2008 6:35:58 PM

YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping commented, "Improved performances from our utilities and cement businesses ensured another year of solid results, with the Group’s overseas operations in countries including the United Kingdom, Australia and Indonesia,continuing to contribute the bulk of earnings. The strength of the year’s performance has, in turn, enabled us to sustain our dividend pay-out levels, and the Group expects to be able to continue to reward long-term shareholders with dividends for future years. YTL Corp, for example, has paid dividends to its shareholders consecutively for 24 years and remains committed to its dividend policy." [more...]



Asian Wall Street Journal Survey Puts YTL No 1 in Long Term Vision
rhoyba@ytlcommunity.com - 13 June 2008 3:24:08 PM

Infrastructure and property company YTL Corp. topped the category of long-term vision. A YTL unit's joint venture in March 2007 was awarded one of several licenses for WiMax, a system for wireless broadband connectivity over a larger area than Wi-Fi hot spots can provide.

This is the 10th consecutive year that YTL has won this accolade, 7 of which was in The Far Eastern Economic Review. Tan Sri Francis Yeoh, Managing Director of YTL group said, “ I thank all the readers for this recognition and I want most to thank our Lord Jesus for once again perfuming YTL’s name. I give Him all the glory.” [more...]



YTL Corp's Foreign Operations Boost Net Profit 32% to RM1.1 Billion (US$330 Million) for 3rd Quarter
melisa@ytlesolutions.com - 22 May 2008 4:36:58 PM

YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping said, "The Group’s utilities and cement businesses continue to drive growth, enabling us to achieve another strong set of results for the quarter. With existing global market conditions necessitating even more concerted and innovative efforts on our part to further improve operational efficiencies and control rising costs, the Group continues to derive better performance and results from these improved technical efficiencies, both in our Malaysian-based and international utilities and cement businesses". [more...]



YTL Corp Half-Year Profit Jumps 24% to RM688 Million (US$212 Million)
melisa@ytlesolutions.com - 22 February 2008 4:52:00 PM

"I am pleased with the Group’s results for the first six months of the 2008 financial year. The utilities division posted solid profit growth of 8.5%, and the cement division has made significant strides in implementing our regional expansion strategy, completing the acquisition of Zhejiang Lin’an Jin Yuan Cement Co. Ltd. in China, the largest cement manufacturer in Lin’an and one of the top 5 cement suppliers in the Hangzhou market, during the quarter under review. The Group’s focus on international investment opportunities correlated with our core competencies continues to enable us to diversify our revenue base, whilst concurrently mitigating geographical and single-industry risks. We expect ongoing improvements in technical efficiency levels will also be integral in controlling the impact of rising costs as the year progresses." said YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh [more...]



Who to watch out for this 2008
rhoyba@ytlcommunity.com - 24 January 2008 3:49:20 PM

YTL Corp recently inked a deal to develop a luxury resort with residential properties in Thailand with joint venture partner Lehman Brothers, a New York-based investment bank. Besides this, it has also made the headlines for the acquisition of Westwood Apartments, a luxury condominium located along Singapore’s Orchard Road, for close to RM1 billion. Tan Sri Francis Yeoh has said the company is looking for opportunities to develop more luxury resorts with marinas in Southeast Asia. The company, which operates the ERL service between Kuala Lumpur and Kuala Lumpur International Airport, has plans for a bullet train between Kuala Lumpur and Singapore that will considerably shorten travelling time. [more...]


 
 
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