KUALA LUMPUR: YTL Power International Bhd's disposal of associate ElectraNet could be a positive

KUALA LUMPUR: YTL Power International Bhd has divested its 33.5% stake in ElectraNet Pty Ltd in

PETALING JAYA: YTL Power International Bhd’s disposal of its 33.5% stake in ElectraNet Pty Ltd

KUALA LUMPUR: YTL Corp Bhd is cautiously optimistic about the group’s continuing strong performance for the next six months as Covid-19 pandemic lockdowns taper off.“ Our construction and cement segments, which have remained consistently profitable, continued to see healthy margins, ” said YTL Corp executive chairman Tan Sri Francis Yeoh Sock Ping in a statement on the group’s results for the first half ended Dec 31, 2021( H1 FY22). For the six months under review, YTL Corp’s profit after tax in

KUALA LUMPUR: YTL Corp Bhd reported an over 18-fold increase in its net profit at RM414. 61mil for the third quarter ended March 31 compared with RM22. 43mil a year ago. The conglomerate posted a pretax profit of RM917. 62mil, representing an increase of 723mil, or 371.4% as compared to a profit of RM194. 7mil recorded in the preceding year's corresponding quarter. Its revenue for the quarter jumped 46.2% to RM6. 17bil against RM4. 22bil last year. For the first nine months to March 31, YTL post