YTL Corp Q3 net profit up 9.4% to RM93.5mil

YTL Corp Bhd’s net profit rose 9.4% to RM93.5mil in the third quarter ended March 31 from RM85.4mil in the preceding quarter.

YTL Corp Registers 3rd Quarter Revenue of RM4.2 Billion (US$1.0 Billion) & 9% Growth in Profit After Tax to RM93 Million (US$23 Million)

YTL Corp Executive Chairman, Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, KBE, CBE, FICE, said, ''The Group's profit after tax increased by 9.4% to RM93.5 million for the quarter under review compared to the previous quarter ended 31 December 2020. ...

YTL Corp's Q3 net profit rises to RM93.5mil, revenue down 8.0pct

YTL Corporation Bhd's net profit increased 9.4 per cent to RM93.5 million (US$22.6 million) for the third quarter ended March 31, 2021 from RM85.4 million (US$20.6 million) in the preceding quarter.

YTL Corp posts 9% q-o-q increase in 3Q net profit to RM93.5m

YTL Corp Bhd posted a 9% increase in its net profit to RM93.5 million for the third quarter ended March 31, 2021 (3QFY21), from RM85.4 million in the preceding quarter.

From boiler engineer to power company boss: How this CEO aims to put sustainability first

Power company chief executive John Ng says he's always had green energy on his mind, ever since he started his career as a boiler engineer more than 35 years ago.

Cementing the road to recovery

ABOUT two years after seeing the entry of YTL Cement Bhd as its major shareholder, Malayan Cement Bhd plans to buy 12 subsidiaries owned by the former for RM5.16bil.

"This RM5 billion transaction will bolster profits for both YTL Corp and the Malayan Cement group."

The strategic realignment will foster value creation for shareholders of Malayan Cement and allow investors to invest directly on a focused basis in Malaysia's leading building materials company, it said. 

Win-Win Concrete Deal Positive For YTL Corp

The Malayan Cement Bhd-YTL Cement Bhd deal will potentially bolster Malayan Cement's earnings while unlocking value for YTL Cement's business.

Malayan Cement extends gains on proposed consolidation of YTL’s cement business

Shares in Malayan Cement Bhd extended gains today as investors continued to digest its related-party acquisition of YTL Corp Bhd’s Malaysian cement and ready-mixed concrete business under YTL Cement Bhd.

整合洋灰业务 杨忠礼机构马来亚洋灰缔双赢


YTL Cement’s natural progression

YTL Cement Bhd will dispose of its entire cement and ready-mixed concrete operations in Malaysia to its subsidiary Malayan Cement Bhd for a total consideration of RM5.158bil under an asset rationalisation and optimisation plan.

Witness Japan's changing seasons at Higashiyama Niseko Village, a Ritz-Carlton Reserve

Spring, the season of rebirth, has arrived in Japan’s famous Niseko Village.  As the ski season comes to an end and the green shoots of spring take centre stage, YTL Hotels’ newest property, Higashiyama Niseko Village, a Ritz-Carl...

First New Apartments Launched At Brabazon

Jon McDiarmid, director at YTL Developments, said: "The new homes at Brabazon are unlike anything else available in Bristol at the moment. Designed by award-winning architects, the apartments at The Navigator Building offer more space, more flexib...

Malayan Cement to take over YTL Cement's cement and ready-mixed concrete biz in RM5.16b deal

YTL Cement Bhd, a subsidiary of YTL Corp Bhd, today inked an agreement to sell its entire cement and ready-mixed concrete operations in Malaysia to its 76.98%-owned subsidiary Malayan Cement Bhd, for RM5.16 billion in a cash and stock deal.


YTL Cement Berhad Undertakes Strategic Asset Rationalisation & Optimisation Plan

Since the acquisition in 2019, the two groups have made significant strides in streamlining their operations and maximising efforts on their logistical, distributional and marketing fronts. This proposed transaction is the natural progression towa...

YTL Cement sells cement, concrete operations to Malayan Cement for RM5.16bil

YTL Cement Bhd, a subsidiary of YTL Corp Bhd, has entered into an agreement to sell its entire cement and ready-mixed concrete operations in Malaysia to its subsidiary Malayan Cement Bhd, for RM5.16 billion.

More ways to get B40 connected

YTL Communications’ YES has announced plans under the government’s Jaringan Prihatin initiative to equip low-income or B40 families and individuals with free phones and data for a year.

Free phones, SIM cards for B40

ELIGIBLE B40 families and individuals can apply for free smartphones, one year’s worth of free data and free access to online learning content, offered through YES Prihatin plans.

Wessex Water floats new environment fund for environmental projects

The Wessex Water Environment Fund is part of the company’s charitable foundation, which provides a dedicated stream of funding for the voluntary sector.

YES's Prihatin plans offer free devices, data to B40 citizens

YTL Communication's has announced telco plans under the Malaysian government’s Jaringan Prihatin initiative that aims at providing B40 families and individuals with free phones and free data for a whole year.

Jaringan Prihatin: Yes offers B40 families free phone and mobile data without contracts

YTL Communications has announced that Yes is also offering subsidised data and smartphones in support of the government’s Jaringan Prihatin programme.

Wessex Water offers financial help to environmental projects with new fund

Bath-based water and sewerage company Wessex Water is to provide financial support to environmental projects across the south west thanks to its new Environment Fund.

YES offers free phones, data and learning content for B40s

YTL Communications' YES today announced plans under the Government's Jaringan Prihatin initiative that will equip B40 families and individuals with free phones and free data for a whole year.

YTL Cement Divests China Plant

YTL Cement Group Managing Director, Dato' Sri Michael Yeoh Sock Siong, said, "This disposal is well-aligned with our focus on establishing ourselves as an industry leader in the regional cement market. Dama was our first substantial foray into Chi...

China's Dama Cement sales allows YTL Group to focus on ASEAN: Francis Yeoh

YTL Cement group managing director Datuk Seri Michael Yeoh Sock Siong said the disposal was well-aligned with the company's focus on establishing itself as an industry leader in the regional cement market.

YTL Corp's unit divests cement business in China

YTL Corp Bhd’s subsidiary YTL Cement (Hong Kong) Ltd has finalised the disposal of its 100% equity interest in Zhejiang Hangzhou Dama Cement Co Ltd (Dama Cement).

杨忠礼洋灰(港)公司 · 完成脱售杭州大马水泥

杨忠礼机构(YTL Corp. Bhd)宣布,杨忠礼洋灰(香港)公司于4月30日,已完成了脱售淅江杭州大马水泥有限公司(Zhejiang Hangzhou Dama Cement Co Ltd)100%股权的交易。

YTL Cement launches CSR arm – BUILDS – with Covid-19 care kit initiative

7,000 COVID-19 kits and school sanitation equipment donated to students and teachers from 24 schools across Peninsula Malaysia. 

&nbps; &nbps;
Ericsson eyes Malaysia's 5G evolution

Ericsson, Sweden's networking and telecommunications giant, will continue to support Malaysia's communications service providers to evolve seamlessly from the fourth generation (4G) of broadband cellular network to 5G, leveraging on its technology...

All aboard the digital banking journey

THE evolution of any industry that comes from the innovations and disruptions that redefine it is always an interesting phenomenon to watch.

Blackstone Bets on Asia Apartments as Millennials Stuck Renting

Blackstone Group Inc. expects demand for residential apartments to be resilient in some parts of Asia as millennials are renting their homes rather than buying them.