YTL Power Declares Higher Interim Dividend of 4 Sen per Share
Malayan Cement’s Profit After Tax Increases 59% to RM507 Million
YTL Corporation Berhad registered a 4% increase in revenue to RM23,151.7 million (US$5,384.1 mn) for the 9 months ended 31 March 2025 compared to RM22,258.5 million (US$5,176.4 mn) for the corresponding 9 months ended 31 March 2024. Profit before tax stood at RM3,182.0 million (US$740.0 mn) for the period under review compared to RM3,569.2 million (US$830.0 mn) for the same period last year, with profit after tax of RM2,404.2 million (US$559.1 mn) this year over RM2,802.3 million (US$651.7 mn) for the same period last year.
YTL Group Executive Chairman Tan Sri (Sir) Francis Yeoh Sock Ping, PSM, KBE, said, “The Group delivered solid results for the period under review, with all divisions continuing to turn in healthy performances. Results from our utilities segment moderated following an exceptional performance driven by the power generation sub-segment in Singapore last year, and we continue to see good turnaround in the UK water and sewerage sub-segment.
“The cement division recorded a strong set of results, whilst higher revenue in our construction segment due to an increase in work volumes from third-party construction projects was impacted by elevated construction costs. Meanwhile, the hotels division continued to achieve higher occupancy rates and stronger average room rates across key properties.”
EBITDA (earnings before interest, tax, depreciation and amortisation) for the 9 months ended 31 March 2025 remained steady at RM6.9 billion, compared to RM7.0 billion for the previous corresponding 9 months ended 31 March 2024.
Comparison with Preceding Year Corresponding Period
| 9 months ended | |||
| 31.03.2025 RM million | 31.03.2024 RM million | Variance % | |
| Revenue | 23,151.7 | 22,258.5 | +4 |
| Profit before tax | 3.182.0 | 3.569.2 | -11 |
| Profit after tax | 2,404.2 | 2,802.3 | -14 |
YTL POWER INTERNATIONAL BERHAD
YTL Power Records 9-Month Revenue of RM16.3 Billion & Profit After Tax of RM1.8 Billion, Declares Higher Interim Dividend of 4 Sen per Share
YTL Power recorded revenue of RM16,253.1 million for the 9 months ended 31 March 2025 compared to RM15,979.1 million for the corresponding 9 months ended 31 March 2024. Profit before tax decreased to RM2,238.7 million for the current period under review over RM2,875.5 million for the same period last year, whilst profit after tax stood at RM1,791.9 million this year compared to RM2,391.9 million for the same period last year.
The Board of Directors of YTL Power declared a higher interim dividend of 4 sen per ordinary share in respect of the financial year ending 30 June 2025, compared to 3 sen per ordinary share declared in the corresponding quarter last year. The book closure and payment dates for which are 25 June 2025 and 10 July 2025, respectively.
Tan Sri (Sir) Francis Yeoh Sock Ping, Executive Chairman of YTL Power, said, “The Group’s performance remained strong for the financial year to date, prompting a higher interim dividend of 4 sen per share. Performance of the power generation segment in Singapore has continued to moderate on the back of lower pool and retail prices, following exceptional results seen last year. In our water and sewerage segment, higher revenue resulted from the increase in price allowed by the UK regulator, as well as revenue contribution from our operations in Malaysia, with profit improving primarily due to the said price increase in the UK, coupled with the decrease in inflationary pressures on index-linked bonds.
“The telecommunication segment recorded better performance in the current period due to higher project revenue, whilst in the investment holding segment, higher revenue was contributed mainly by the consultancy services sub-segment, although profit was impacted by unrealised foreign exchange losses.”
Dato’ Seri Yeoh Seok Hong, Managing Director of YTL Power, said, “On the digital front, we continue to make excellent progress and are well on track to roll out the YTL AI Supercomputer in Q3 this calendar year. This AI cloud infrastructure will provide the foundation for the country’s sovereign AI and will power our very own Malaysian owned LLM, ILMU 1.0. The NVIDIA DGX Cloud will be launched together with ILMU 1.0, an exciting milestone that will kickstart the development of Malaysian AI solutions”.
EBITDA (earnings before interest, tax, depreciation and amortisation) for the 9 months ended 31 March 2025 stood at RM4.8 billion compared to RM5.2 billion for the previous corresponding 9 months ended 31 March 2024.
Comparison with Preceding Year Corresponding Period
| 9 months ended | |||
| 31.03.2025 RM million | 31.03.2024 RM million | Variance % | |
| Revenue | 16,253.17 | 15,979.1 | +2 |
| Profit before tax | 2,238.7.0 | 2,875.5 | -22 |
| Profit after tax | 1,791.9 | 2,391.9 | -25 |
MALAYAN CEMENT BERHAD
Malayan Cement’s 9-Month Revenue Rises to RM3.4 Billion & Profit After Tax Increases 59% to RM507 Million
Malayan Cement’s revenue remained stable at RM3,418.8 million for the 9 months ended 31 March 2025 compared to RM3,405.0 million for the corresponding 9 months ended 31 March 2024. Profit before tax increased 43% to RM718.3 million for the 9 months under review compared to RM503.4 million for the same period last year, whilst profit after tax rose 59% to RM507.5 million in the current period under review over RM318.7 million for the same period last year.
Tan Sri (Sir) Francis Yeoh Sock Ping, Executive Chairman of Malayan Cement, said, “The better performance was due to improved operational efficiencies, lower production costs, reduced borrowing costs and the absence of recognition of share option costs in the current quarter, coupled with a one-off gain from a compulsory land acquisition recorded in the last quarter.
“The Group’s ongoing cost reduction and efficiency efforts, supported by strong leadership and innovation, have yielded positive results. All business units contributed to the improved performance, showcasing the strength of the Group’s diversified portfolio, with the ready-mix concrete business excelling in delivering high-value, bespoke products tailored to the evolving needs of the construction industry.”
EBITDA (earnings before interest, tax, depreciation and amortisation) for the 9 months ended 31 March 2025 increased 17% to RM1,061.6 million compared to RM907.4 million for the previous corresponding 9 months ended 31 March 2024.
Comparison with Preceding Year Corresponding Period
| 9 months ended | |||
| 31.03.2025 RM million | 31.03.2024 RM million | Variance % | |
| Revenue | 3,418.8 | 3,405.0 | 0 |
| Profit before tax | 718.3 | 503.4 | +43 |
| Profit after tax | 507.5 | 318.7 | +59 |
YTL HOSPITALITY REIT
YTL Hospitality REIT Registers 9-Month Revenue of RM421 Million & Distributable Income of RM78 Million
YTL Hospitality REIT recorded revenue of RM421.3 million for the 9 months ended 31 March 2025, approximating that of the corresponding 9 months ended 31 March 2024, whilst net property income (NPI) grew 2% to RM228.1 million for the current period under review compared to RM223.7 million for the same period last year.
Income available for distribution for the current financial period of RM78.4 million approximated that recorded in the same period last year of RM79.3 million, after adjusting for the inclusion last year of additional income of RM26.7 million from the realisation of final deferred rental upon the expiry of the JW Marriott Hotel’s lease agreement in December 2023. This resulted in higher income available for distribution of RM106.1 million in the preceding year corresponding period, in the absence of which the distribution for the current financial period approximated that of the same period last year.
Tan Sri (Sir) Francis Yeoh Sock Ping, Executive Chairman of Pintar Projek Sdn Bhd, the Manager of YTL Hospitality REIT, said, “The Australia portfolio in our hotel segment posted an increase in revenue and NPI mainly contributed by higher room sales as a result of increasing entertainment and sports events. However, performance was impacted by the weaker Australian Dollar relative to the Malaysian Ringgit.
“In the property rental segment, the increase in revenue and NPI was due to additional rental income from the AC Hotels in KL, Penang and Kuantan following the completion of refurbishment works. The inclusion of the new rental income from Hotel Stripes and step-up rental income from renewal of the lease agreement for the JW Marriott Hotel also contributed to the increase for the current period. Meanwhile, performance of the Japan portfolio remained stable.”
Comparison with Preceding Year Corresponding Period
| 9 months ended | |||
| 31.03.2025 RM million | 31.03.2024 RM million | Variance % | |
| Revenue | 421.3 | 424.70 | -1 |
| NPI | 228.1 | 223.7 | +2 |
| Distributable income (adjusted) | 78.4 | 79.3 | -1 |
View individual reports below:
YTL CORPORATION BERHAD
YTL POWER INTERNATIONAL
YTL HOSPITALITY REIT
MALAYAN CEMENT BERHAD