Better performance by YTL Corp on cement, utilities ops

TheStar Fri, Nov 27, 2020 07:50am - 3 years View Original


YTL Franceis Yeoh

PETALING JAYA: YTL Corp Bhd posted an 18.2% increase in revenue to RM4.2bil for the three months ended Sept 30,2020 compared with RM3.5bil for the previous quarter ended June 30,2020.

Pre-tax profit improved to RM136.8mil for the current quarter compared to a pre-tax loss of RM135.5mil recorded in the last quarter.

Executive chairman Tan Sri Francis Yeoh Sock Ping (pic below) said the sequential improvement in performance was mainly driven by its cement and utilities segments.

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