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<< February 2018 >>
 
Results: 1 - 5 of 8
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1 March 2018
1:41:12 PM

Construction unit’s contribution for YTL Corp expected to rise - The Edge Markets

YTL Corp Bhd’s profit after tax and minority interests (Patmi) or first-half financial year 2018 (1HFY18) has contracted by 14.2% year-on-year (y-o-y) to RM269 million, and is tracking behind consensus and our expectations, accounting for only 45% of estimates. However, we tweak our earnings upwards by 1.8% to 1.9% as the cement and construction business is tracking above our expectations. We raise our TP to RM1.40, as we roll forward our valuation base to FY19E (estimates), but maintain our “hold” call.... ›› more

   

27 February 2018
5:06:35 PM

Official launch event for Monkey Island Estate, Bray-On-Thames, at Threadneedles Hotel, Bank - ITCM

YTL Hotels were proud to officially unveil exclusive footage and details of their brand new Monkey Island Estate, set to open in late spring 2018 in Bray-On-Thames.... ›› more

   

2 May 2018
5:56:32 PM

YTL Hospitality REIT Records Half-Year Revenue of RM255 Million & Distributable Income of RM68 Million
Interim Distribution of 1.9917 Sen per Unit Declared
- YTL Hospitality REIT

YTL Hospitality REIT registered revenue of RM255.2 million for the 6 months ended 31 December 2017, an increase of 16% compared to RM220.3 million for the previous corresponding 6 months ended 31 December 2016, whilst net property income increased 18% to RM122.8 million for the 6 months under review over RM104.5 million for the same period last year.... ›› more

   

23 February 2018
4:47:13 PM

YTL Corp Registers Half-Year Revenue of RM7.8 Billion (US$2.0 Billion) & Profit of RM604 Million (US$154 Million) - Kuala Lumpur

YTL Group Managing Director Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, “The Group’s revenue increased by 10% to RM7.8 billion for the first half of the 2018 financial year, whilst profit before taxation grew 12% to RM836 million compared to the same period last year. Our utilities segment saw increases in revenue and profit before taxation resulting from the commencement of supply on 1 September 2017 from Paka Power Station under the new power purchase agreement in the contracted power generation sub-segment, coupled with better performance in the mobile broadband division following the launch of nationwide 4G LTE services last year.

“Our cement business recorded an increase in revenue on the back of higher sales volumes in the cement and quarry divisions, although profit before tax was affected by production cost increases and competitive pricing in the domestic market. The construction segment registered improved revenue due to better site progress, offset by lower construction margins.

“Meanwhile, in the hotels segment, the increase in revenue was contributed mainly by The Hotel Stripes in Kuala Lumpur, Sydney Harbour Marriott Hotel in Australia and 3 new hotels in the United Kingdom, with the decrease in profit before tax arising due to unrealised foreign exchange losses on intercompany balances.”... ›› more

   

21 February 2018
10:50:52 AM

Monkey Island Estate sets May opening date as new hotel joins Small Luxury Hotels - Boutique Hotelier

YTL Hotels’ newest UK property Monkey Island Estate is aiming to open its doors at the end of May, as the hotel announces a new partnership with Small Luxury Hotels.... ›› more

   
 

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