- YTL Corp’s subsidiaries performed well
- YTL Power’s 3rd quarter revenue grows 4% to RM5.1 billion, with profit after tax of RM342 Million
- Interim dividend of 4 sen per share declared
- For cumulative 9 months ended 31 March 2026, Wessex Water records 472% increase in profit before tax, Ranhill’s profit before tax rises 126% & data center segment sees 422% growth in profit before tax
- Malayan Cement’s 3rd quarter revenue rises 12% to RM1.2 billion & profit after
tax increases 35% to RM247 million - YTL Hospitality REIT’s 3rd quarter revenue increases 6% to RM149 million & distributable income grows 9% to RM29 million
Kuala Lumpur, Thursday 28 May 2026
YTL Corporation Berhad recorded revenue of RM7,568.8 million (US$1,906.5 mn) for the 3 months ended 31 March 2026 compared to RM7,318.9 million (US$1,843.5 mn) for the corresponding 3 months ended 31 March 2025.
Profit before tax stood at RM861.6 million (US$217.0 mn) for the current quarter under review compared to RM987.9 million (US$248.8 mn) for the same quarter last year, with profit after tax of RM629.2 million (US$158.5 mn) for this quarter compared to RM744.5 million (US$187.5 mn) for the corresponding quarter last year.
Executive Chairman, Tan Sri (Sir) Francis Yeoh Sock Ping, PSM, KBE, said, “The Group continued to record steady results in the third quarter of the 2026 financial year. Revenue increased slightly in the current quarter, mainly driven by the cement and building materials, hotel operations and utilities segments, whilst profit before tax decreased due primarily to lower contribution from the power generation sub-segment of the utilities division”.
For the cumulative 9 months ended 31 March 2026, revenue amounted to RM22,796.9 million (US$5,742.3 mn) compared to RM23,151.7 million (US$5,831.7 mn) for the 9 months ended 31 March 2025, whilst profit after tax stood at RM2,081.5 million (US$524.3 mn) for the current period compared to RM2,413.3 million (US$607.9 mn) for the same period last year.
EBITDA (earnings before interest, tax, depreciation and amortisation) for the cumulative 9 months ended 31 March 2026 stood at RM6.6 billion compared to RM6.9 billion for the previous corresponding 9 months ended 31 March 2025.
Comparison with Preceding Year Corresponding Quarter
| 3 months ended | ||||
| 31.03.2026 RM million | 31.03.2025 RM million | Variance % | ||
| Revenue | 7,568.8 | 7,318.9 | +3 | |
| Profit before tax | 861.6 | 987.9 | -13 | |
| Profit after tax | 629.2 | 744.5 | -15 |
YTL POWER INTERNATIONAL BERHAD
YTL Power’s 3rd Quarter Revenue Grows 4% to RM5.1 Billion, with Profit After Tax of RM342 Million
Interim Dividend of 4 Sen per Share Declared
YTL Power recorded revenue of RM5,084.2 million for the 3 months ended 31 March 2026 compared to RM4,889.8 million for the corresponding 3 months ended 31 March 2025. Profit before tax stood at RM442.7 million for the current quarter under review compared to RM635.2 million for the same quarter last year, with profit after tax of RM342.0 million this quarter over RM508.2 million for the corresponding quarter last year.
The Board of Directors of YTL Power declared an interim dividend of 4 sen per ordinary share in respect of the financial year ending 30 June 2026, the book closure and payment dates for which are 25 June 2026 and 10 July 2026, respectively.
Tan Sri (Sir) Francis Yeoh Sock Ping, Executive Chairman of YTL Power, said, “In the power generation segment, lower retail and vesting margins coupled with the strengthening of the Malaysian Ringgit against the Singapore Dollar impacted performance. However, the water segment in both the UK and Malaysia registered significantly improved performance on the back of regulatory price and tariff increases.
“For the cumulative 9 months ended 31 March 2026, the water segment in the UK recorded a 472% increase in profit before tax, whilst in Malaysia, profit rose by 126%. Meanwhile, the data center segment saw a 422% growth in profit before tax this year compared to the same period last year.
“We continue to progress expeditiously with our data center and AI businesses. Commencing this quarter, we have begun reporting data centers as a new operating segment as the contribution has become significant upon progressive completion and occupancy ramp-up of the data halls. This new segment achieved profit before tax of RM59 million on the back of RM225 million in revenue for the current quarter, with profit before tax of RM101 million and RM408 million in revenue for the cumulative 9 months under review.
“With 298 MW in data center capacity already contracted, we are planning to increase the capacity of our YTL Green Data Center Park to 1,000 MW, from the existing 600 MW. The Park will be co-powered by solar energy, and the first phase involving a 215 MWac solar power generation facility is currently being implemented.
“The Group has invested RM8.1 billion in the data center business to date and we are looking to expand geographically beyond the YTL Green Data Center Park in Kulai, to further grow this business.
“On the AI services and solutions front, YTL Power’s subsidiary, YTL AI Cloud, is amongst a handful, and the first Asian cloud provider, certified as an Nvidia Exemplar Cloud Provider. This is validation of YTL AI Cloud’s design, build, operation and maintenance of our clusters at the highest performance levels. We believe this AI space is one in which Malaysia can be a regional leader.
“Meanwhile, YTL AI Labs, the owner and developer of ILMU, Malaysia’s own large language AI model, has expanded our family of models to include ILMUChat, ILMU Claw and ILMU Coding. ILMU performs on par with the world’s best while staying grounded in local needs, values and context, with models designed to be culturally aware, contextually intelligent and fluent in Bahasa Melayu.
“These models deliver cutting-edge solutions that empower Malaysian businesses with intelligence that truly understands the market and the people they serve. Being a pioneer in Sovereign AI in the region, YTL AI Labs is well positioned to benefit for the growing demand for AI applications powered by AI models trained to understand the local context and language.”
For the cumulative 9 months ended 31 March 2026, revenue stood at RM15,697.5 million compared to RM16,253.1 million for the 9 months ended 31 March 2025, whilst profit after tax amounted toRM1,289.0 million for the current period compared to RM1,791.9 million for the same period last year.
EBITDA (earnings before interest, tax, depreciation and amortisation) for the cumulative 9 months ended 31 March 2026 stood at RM4.5 billion, compared to RM4.8 billion for the previous corresponding 9 months ended 31 March 2025.
Comparison with Preceding Year Corresponding Quarter
| 3 months ended | ||||
| 31.03.2026 RM million | 31.03.2025 RM million | Variance % | ||
| Revenue | 5,084.2 | 4,889.8 | +4 | |
| Profit before tax | 442.7 | 635.2 | -30 | |
| Profit after tax | 342.0 | 508.2 | -33 |
MALAYAN CEMENT BERHAD
Malayan Cement’s 3rd Quarter Revenue Rises 12% to RM1.2 Billion & Profit After Tax
Increases 35% to RM247 Million
Malayan Cement recorded a 12% increase in revenue to RM1,223.8 million for the 3 months ended 31 March 2026 compared to RM1,095.2 million for the corresponding 3 months ended 31 March2025. Profit before tax grew 34% to RM347.9 million for the quarter under review compared to RM259.2 million for the same quarter last year, whilst profit after tax rose 35% to RM247.0 million this quarter over RM183.0 million for the corresponding quarter last year.
Tan Sri (Sir) Francis Yeoh Sock Ping, Executive Chairman of Malayan Cement, said, “The increase in revenue was contributed by higher turnover in the ready-mixed concrete and drymix divisions, which was driven by increased demand for high-grade, bespoke ready-mixed concrete products.
“Higher profit before tax was driven mainly by continued rigorous cost management and operational efficiency initiatives, including the increased adoption of renewable energy and waste heat recovery plants, optimisation of advance technological systems, and lower operational and maintenance costs, despite higher transportation costs due to statutory legislation and elevated fuel prices in the market.”
For the cumulative 9 months ended 31 March 2026, revenue increased 8% to RM3,701.3 million compared to RM3,418.8 million for the 9 months ended 31 March 2025, whilst profit after tax rose 34% to RM681.0 million in the current period compared to RM507.5 million for the same period last year.
EBITDA (earnings before interest, tax, depreciation and amortisation) increased 17% to RM1,242.9 million for the cumulative 9 months ended 31 March 2026, compared to RM1,061.6 million for the previous corresponding 9 months ended 31 March 2025.
Comparison with Preceding Year Corresponding Quarter
| 3 months ended | ||||
| 31.03.2026 RM million | 31.03.2025 RM million | Variance % | ||
| Revenue | 1,223.8 | 1,095.2 | +12 | |
| Profit before tax | 347.9 | 259.2 | +34 | |
| Profit after tax | 247.0 | 183.0 | +35 |
YTL HOSPITALITY REIT
YTL Hospitality REIT’s 3rd Quarter Revenue Increases 6% to RM149 Million &
Distributable Income Grows 9% to RM29 Million
YTL Hospitality REIT’s revenue increased by 6% to RM149.1 million for the 3 months ended 31March 2026 compared to RM141.1 million for the corresponding 3 months ended 31 March 2025. Net property income (NPI) increased 6% to RM84.9 million for the quarter under review compared to RM79.7 million for the same quarter last year, whilst income available for distribution increased 9% to RM28.6 million for the current quarter, compared to RM26.2 million for the corresponding quarter last year.
Tan Sri (Sir) Francis Yeoh Sock Ping, Executive Chairman of Pintar Projek Sdn Bhd, the Manager of YTL Hospitality REIT, said, “The hotel segment’s performance improved in the current quarter driven by stronger room demand, supported by a robust calendar of major entertainment and sporting events along with the growth in group and cruise-related business.
“The improved average room rates and effective cost management contributed to the higher revenue and NPI compared to the corresponding quarter in the previous year. Meanwhile, the property rentalsegment’s performance increased in the current financial quarter following the commencement of the AC Hotel Ipoh lease agreement in April 2025.”
For the cumulative 9 months ended 31 March 2026, revenue increased 5% to RM444.0 million compared to RM421.3 million for the 9 months ended 31 March 2025, whilst income available for distribution rose 11% to RM87.0 million in the current period compared to RM78.4 million for the same period last year.
Comparison with Preceding Year Corresponding Quarter
| 3 months ended | ||||
| 31.03.2026 RM million | 31.03.2025 RM million | Variance % | ||
| Revenue | 149.1 | 141.1 | +6 | |
| Profit before tax | 84.9 | 79.7 | +6 | |
| Profit after tax | 28.6 | 26.2 | +9 |