$YTL (4677.MY)$ YTL Corporation Berhad posted a revenue of R...

$YTL (4677.MY)$ YTL Corporation Berhad posted a revenue of RM7.772 billion for the three months ended September 30, 2024, a decrease from RM8.232 billion in the preceding quarter ended June 30, 2024.

The group's pre-tax profit stood at RM899.2 million for the quarter under review, compared to RM1.26 billion recorded in the previous quarter.

Executive chairman Tan Sri (Sir) Francis Yeoh Sock Ping described the results for the first quarter of the 2025 financial year as strong, with stable or improved revenue across most divisions.

"Operating profit remained healthy, registering a 12 per cent increase for the current quarter under review over the preceding quarter, after excluding non-cash unrealised foreign exchange losses of RM289.5 million for the current quarter and the one-off fair value gain of RM203.5 million due to the acquisition of shares in Ranhill recognised in the preceding quarter," he said in a statement.

The group's EBITDA (earnings before interest, tax, depreciation, and amortisation) for the three months ended September 30, 2024, remained solid at RM2.1 billion, compared to RM2.4 billion in the same period the previous year.