YTL Corp's 9-Month Revenue Grows 15% to RM15.1 Billion (US$4.9 Billion)
Net Profit Up 13% to RM854 Million (US$275 Million)
Shareholders Rewarded with 20% Interim Dividend--------------------------------------------
YTL Group Managing Director Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, "The Group's performance registered strong growth with net profit of RM854 million on the back of RM15 billion in revenue, which increased by just under RM2 billion from RM13 billion for the same period last year. Our multi-utility businesses in Malaysia, the UK and Singapore and cement operations continue to drive growth. Just after the end of the quarter, on 16 April 2012, YTL Cement was officially delisted following the conclusion of the voluntary share exchange offer.
Net Profit Up 13% to RM854 Million (US$275 Million)
Shareholders Rewarded with 20% Interim Dividend--------------------------------------------
YTL Group Managing Director Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, "The Group's performance registered strong growth with net profit of RM854 million on the back of RM15 billion in revenue, which increased by just under RM2 billion from RM13 billion for the same period last year. Our multi-utility businesses in Malaysia, the UK and Singapore and cement operations continue to drive growth. Just after the end of the quarter, on 16 April 2012, YTL Cement was officially delisted following the conclusion of the voluntary share exchange offer.
"Meanwhile, the 20% interim dividend is intended to reward shareholders by enhancing returns on their investment in the Company."
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Kuala Lumpur, Tuesday 22 May 2012
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Kuala Lumpur, Tuesday 22 May 2012
YTL Corporation Berhad announced today a 14.9% growth in revenue to RM15,108.0 million (US$4,873.6 mn, based on the prevailing exchange rate of US$1.00:RM3.10) for the 9 months ended 31 March 2012, compared to RM13,146.4 million (US$4,240.8 mn) for the preceding corresponding period ended 31 March 2011. Profit before taxation increased to RM1,834.6 million (US$591.8 mn) for the 3rd quarter of the financial year ending 30 June 2012, compared to RM1,731.3 million (US$558.5 mn) for the same period last year, whilst net profit attributable to shareholders increased 13.1% to RM854.0 million (US$275.5 mn) this year over RM755.1 million (US$243.6 mn) last year.
YTL Corp also announced an interim dividend of 20% or 2 sen per share, the book closure and payment dates for which are 12 June 2012 and 27 June 2012, respectively.
YTL Group Managing Director Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, "The Group's performance registered strong growth with net profit of RM854 million on the back of RM15 billion in revenue, which increased by just under RM2 billion from RM13 billion for the same period last year. Our multi-utility businesses in Malaysia, the UK and Singapore and cement operations continue to drive growth. Just after the end of the quarter, on 16 April 2012, YTL Cement was officially delisted following the conclusion of the voluntary share exchange offer.
"Meanwhile, the 20% interim dividend is intended to reward shareholders by enhancing returns on their investment in the Company."
YTL POWER INTERNATIONAL BERHAD
3rd Quarter Revenue Grows 13% to RM11.7 Billion (US$3.8 Billion)
Net Profit Stands at RM823 Million (US$265 Million)
1.875% Interim Dividend Declared
3rd Quarter Revenue Grows 13% to RM11.7 Billion (US$3.8 Billion)
Net Profit Stands at RM823 Million (US$265 Million)
1.875% Interim Dividend Declared
YTL Power's revenue grew 12.7% for the 9 months ended 31 March 2012 to RM11,712.6 million (US$3,778.3 mn) compared to the same period last year, due mainly to better performance of its merchant multi-utility businesses. Net profit attributable to shareholders stood at RM822.8 million (US$265.4 mn) for the 9 months ended 31 March 2012 compared to RM868.0 million (US$280.1 mn) last year.
The Group's established multi-utility businesses, comprising power generation (in both contracted and merchant markets) and power transmission in Malaysia, Singapore, Indonesia and Australia, water and sewerage services in the UK and merchant multi-utility businesses in Singapore, continued to perform steadily during the quarter under review. Although the division's 'Yes' mobile broadband operations continued to register a loss due to the upfront implementation costs to build the 4G network for scale from the outset, this has begun to be mitigated by higher revenue from growing subscriber levels.
YTL Power declared a 1.875% or 0.9375 sen per share third interim dividend for the financial year ending 30 June 2012. The book closure and payment dates for the dividend are 12 June 2012 and 27 June 2012, respectively.
YTL LAND & DEVELOPMENT BERHAD
YTL Land Registers Revenue of RM446 Million & Net Profit of RM19 Million
YTL Land Registers Revenue of RM446 Million & Net Profit of RM19 Million
YTL Land's revenue soared to RM446.2 million for the 9 months ended 31 March 2012, compared to RM64.4 million for the same period last year, whilst net profit attributable to shareholders grew to RM19.1 million over RM8.5 million last year. The better performance was due mainly to the ongoing development of The Capers, being developed under the Group's Sentul urban regeneration project, and the Lakefront and Sandy Island projects being undertaken by the Group's property development companies in Singapore.
YTL E-SOLUTIONS BERHAD
YTL e-Solutions Achieves Revenue of RM64 Million & Net Profit of RM27 Million
YTL e-Solutions Achieves Revenue of RM64 Million & Net Profit of RM27 Million
YTL e-Solutions registered an increase in revenue to RM63.7 million for the 9 months ended 31 March 2012 compared to RM51.8 million for the same period last year, due mainly to fee income derived from a spectrum sharing agreement in relation to the Group's 2.3GHz Worldwide Interoperability for Microwave Access (WiMAX) spectrum. Meanwhile, net profit attributable to shareholders decreased to RM26.9 million over RM28.8 million last year, largely due to the absence of the gain on the disposal of the company's stake in Extiva Communications Sdn Bhd recorded last year.
STARHILL REAL ESTATE INVESTMENT TRUST
Starhill REIT Records Net Revenue of RM53 Million & Realised Income of RM78 Million
Starhill REIT Records Net Revenue of RM53 Million & Realised Income of RM78 Million
Starhill REIT recorded net revenue of RM52.9 million and realised income of RM78.3 million for the 9 months ended 31 March 2012. The improved performance arose mainly as a result of the Trust's acquisition of 9 hotel properties during the last quarter as part of the repositioning of its portfolio to focus on hotel and hospitality-related assets. The Trust now owns the Pangkor Laut, Tanjong Jara and Cameron Highlands resorts, the Vistana chain of hotels, the Ritz-Carlton Kuala Lumpur and The Residences at The Ritz-Carlton Kuala Lumpur, as well as its first international property, Hilton Niseko in Japan.