YTL CORP, YTL POWER, MALAYAN CEMENT RAKE IN HIGHER NET PROFIT IN 1Q FY2026

KUALA LUMPUR, Nov 27 (Bernama) -- YTL Corporation Bhd's (YTL Corp) net profit rose to RM346.48 million in the first quarter ended Sept 30, 2025 (1Q FY2026) from RM333.71 million in the same period a year ago.

The better earnings were mainly supported by the property investment and development sector, the management services and others sector, as well as the cement and building materials business, according to the company’s filing with Bursa Malaysia today.

Its revenue for the quarter under review, however, fell to RM7.64 billion from RM7.77 billion in 1Q FY2025, mainly pulled down by its construction business.

Moving forward, the conglomerate said it remains cautiously optimistic on its construction business despite the ongoing inflationary pressures and global economic and geopolitical uncertainties.

As for YTL's wholly-owned unit, YTL Power International Bhd, the multi-utility company recorded a stronger net profit of RM500.57 million in 1Q FY2026 versus RM470.60 million in the same quarter last year.

The improved performance was propelled mainly by its water and sewerage business and its investment holding activities, which benefited from lower foreign exchange loss.

YTL Power’s revenue, however, declined to RM5.36 billion in 1Q FY2026 from RM5.68 billion in 1Q FY2025, mainly weighed down by telecommunications performance.

On outlook, YTL Power said it will continue to offer affordable data plans and offer innovative 5G services in its telecommunications business.

“This segment is looking to increase its subscriber base, bolstered by partnerships and collaborations,” it said.

Malayan Cement Bhd, YTL Corp-controlled cement producer, also recorded a higher net profit of RM200.57 million in 1Q FY2026 from RM139.44 million previously due to higher revenue, lower repair and maintenance cost and improved performance underpinned by ongoing efficiency enhancements.

Revenue advanced to RM1.22 billion from RM1.17 billion previously.

Moving forward, Malayan Cement expects cement demand to continue to be supported by major civil, residential and infrastructure projects, as well as the development of logistic hubs, data centres and industrial facilities.

-- BERNAMA