YTL Corp Records 1st Quarter Revenue of RM4.1 Billion (US$976 Million) & Profit Before Tax of RM342 Million (US$82 Million)
- YTL Group
YTL Corp Executive Chairman Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, "The Group made a good start to the 2019 financial year, with our key operating segments continuing to perform well. The marginal decrease in revenue was mainly due to lower revenue contributed by the construction segment. However, the Group registered a surge in profit before tax primarily as a result of the absence of the lower net realisable value of inventories recorded in the property investment and development segment last quarter."...