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 YTL Corp 1st Quarter Profit Grows 30% to RM468 Million (US$130 Million)
YTL Power Declares 6% Gross & 3% Single Tier Interim Dividend
YTL Cement Declares 3% Gross & 7% Single Tier Interim Dividend
melisa@ytlesolutions.com - 20 November 2008 4:18:21 PM
Commenting on the quarter’s results, YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, "The Group achieved a strong start to the year, with our cement division achieving an excellent set of results. Our power division registered a decrease in earnings due principally to the provision for a one-off tax payment to the Government and foreign currency translation differences during the quarter but the division’s operational performance remained strong and our utilities are expected to continue to perform well for the duration of the financial year.
"The Group’s latest venture in Singapore, the proposed acquisitions of 26% of Macquarie Prime Real Estate Investment Trust (MP REIT) and 50% of the holding company of the manager of MP REIT, represents another exciting new avenue for us to further expand our branding and presence in global markets. The Group’s foreign operations continue to take the lead in growing our revenues and profits, and the proposed acquisitions are well in line with this trend, complementing our existing utilities in the UK, Australia and Indonesia, cement operations in Singapore and China and high-end real estate in Singapore." [more...] |
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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...] |
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 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...] |
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 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...] |
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 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
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