YTL Power Registers 2nd Quarter Revenue of RM5.7 Billion & 51% Growth in Profit After Tax to RM773 Million

YTL Power International Berhad recorded revenue of RM5,679.8 million for the 3 months ended 31 December 2024 compared to RM5,683.5 million for the preceding 3 months ended 30 September 2024. Profit after tax rose 51% to RM773.1 million this quarter over RM510.6 million last quarter

Tan Sri (Sir) Francis Yeoh Sock Ping, PSM, KBE, Executive Chairman of YTL Power, said, “For the second quarter under review, we have continued to see good performance, with higher profit driven mainly by unrealised foreign exchange gains.

“For the cumulative half-year to date, the Group continued to make sound progress on projects under development, including the YTL Green Data Center Park in Kulai, Johor. Meanwhile, in ongoing operations, Singapore’s power generation market has normalised following the exceptional performance seen last year and remains stable, whilst our water and sewerage businesses in the UK and Malaysia and telecommunications segment saw better performance for the period under review.”

For the cumulative 6 months ended 31 December 2024, EBITDA (earnings before interest, tax, depreciation and amortisation) stood at RM3.4 billion compared to RM3.6 billion for the previous corresponding 6 months ended 31 December 2023.

Comparison with Preceding Quarter