YTL Corporation Berhad recorded revenue of RM7.7 billion (US$1,793.1 mn) for the 3 months ended 30 September 2024 compared to RM8.2 billion (US$1,841.7 mn) for the preceding 3 months ended 30 June 2024. Profit before tax stood at RM899.2 million (US$201.2 mn) for the quarter under review compared to RM1,263.8 million (US$282.7 mn) for the preceding quarter.
Meanwhile, net profit declined to RM333 million for the quarter compared to RM521 million recorded in the previous year's quarter.
Executive Chairman, Tan Sri (Sir) Francis Yeoh Sock Ping, PSM, KBE, said, "The Group achieved a good set of results for the first quarter of the 2025 financial year, with revenue across most divisions remaining stable or registering growth.
"Operating profit remained healthy, registering a 12% 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."
The Group's EBITDA (earnings before interest, tax, depreciation and amortisation) for the 3 months ended 30 September 2024 remained robust at RM2.1 billion, compared to RM2.4 billion for the 3 months ended 30 September 2023.
