YTL Power has released its FY2025 first-quarter results, with the conglomerate recording a revenue of RM5.6 billion which is slightly higher compared to FY2024 Q1 of RM5.4 billion.
However, the group saw its profit after tax plunged significantly to RM470 billion from RM847 billion achieved in the preceding year's quarter.
The group noted that the lower profit compared to the preceding quarter was due to unrealised foreign exchange loss due to the strengthening of the ringgit and the absence of one-off fair value gain of RM203.5 million.
