Follow us on Twitter Find us on Facebook

YTL CORPORATION

YTL SUSTAINABILITY

UTILITIES
YTL POWER INT.

CONSTRUCTION
YTL CONSTRUCTION

MANUFACTURING
YTL CEMENT

PROPERTY DEVELOPMENT
YTL LAND & DEV.

REIT
YTL HOSPITALITY REIT
STARHILL GLOBAL REIT

TECHNOLOGY
YTL E-SOLUTIONS

COMMUNICATIONS
YTL COMMS.
YTL BROADBAND

EDUCATION
YTL FOUNDATION
FROGASIA
FROG EDUCATION LIMITED

TRANSPORTATION
EXPRESS RAIL LINK

CARBON CONSULTING
YTL-SV CARBON

ENTERTAINMENT
KL PAC

RESTAURANTS
LOT 10 HUTONG
FEAST VILLAGE
SHOOK! SHANGHAI

SHOPPING
L0T 10 SHOPPING CENTRE
STARHILL GALLERY
WISMA ATRIA
NGEE ANN CITY
RENHE SPRING ZONGBEI
DAVID JONES
MYER CENTRE ADELAIDE
PLAZA ARCADE

HOTELS & RESORTS
YTL HOTELS

ADVOCACY PROJECTS
YTL CCW
EARTH HOUR

REWARDS
YTL PLATINUM PLUS


YTL Corp full-year net profit soars 148% to RM1.39 billion (USD378 million)

   

Kuala Lumpur, 24 August 2006

?

YTL CORPORATION BERHAD

YTL Corp Full-Year Net Profit Soars 148% to RM1.39 Billion (USD378 Million)

Sales Up 11% to RM5.50 Billion (USD1.50 Billion)

15% Dividend Recommended

Offer for Sale of YTL Power Shares Proposed

Click here to view YTL Corporation Berhad's report

?

YTL Corporation Berhad today announced net profit of RM1,392.8 million (USD378.5 mil, based on the prevailing exchange rate of USD1.00 : RM3.68) for the twelve months ended 30 June 2006, an increase of 148.2% compared to RM561.2 million (USD152.5 mil) for the last financial year ended 30 June 2005. Profit before taxation grew 78.3% to RM2,240.2 million (USD608.8 mil) for the fourth quarter ended 30 June 2006, compared to RM1,256.6 million (USD341.5 mil) last year, whilst revenue grew to RM5,491.4 million (USD1,492.2 mil), an 11.2% increase over RM4,936.9 million (USD1,341.5 mil) last year.

?

The profit increase includes an exceptional gain of RM643.6 million on the disposal of three properties to the Starhill Real Estate Investment Trust (Starhill REIT) which was listed on the Main Board of Bursa Malaysia Securities Berhad in December 2005. Even with the exclusion of this exceptional gain, however, profit before taxation still registered an increase of 27.1% to RM1,596.7 million (USD433.9 mil) for the twelve months ended 30 June 2006 compared to the same period last year.

?

This improved performance was due mainly to increased contributions from the Group’s utility and cement divisions.

?

“I am pleased to report that the Group has achieved its strongest fiscal year to date with revenue approaching the RM6 billion mark and a record net profit of RM1.5 billion. The continuing strength of our overseas utility operations in the UK, Australia and Indonesia were the key drivers of this year’s solid operating performance and, together with broad-based earnings growth across the Group’s other core businesses, fuelled an 11% growth in revenue. The cement division, in particular, has recovered strongly from the past year’s market volatility, with YTL Cement posting sales of over RM1.0 billion for the first time in its history,” said YTL Group Managing Director, Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping.

?

“Looking ahead, the Group intends to continue to grow earnings and create value for our shareholders with our ongoing focus on pursuing attractive and viable opportunities predominantly in the utility and cement industries, both in Malaysia and internationally, in Europe and the Asia-Pacific region”.

?

The Board of Directors of YTL Corp has recommended a first and final dividend of 15% for the year ended 30 June 2006. This is the 22nd consecutive year that YTL Corp has declared dividends and exemplifies the Group’s policy of rewarding shareholders and enhancing shareholder value.

?

Proposed Offer for Sale of YTL Power Shares

?

The Board of Directors of YTL Corp also proposed an offer for sale of shares in YTL Power International Berhad (YTL Power) on the basis of 1 share in YTL Power for every 10 ordinary shares held in YTL Corp at a date to be determined, at an offer price of RM1.00 per YTL Power share.

?

The proposed offer for sale is intended to reward shareholders of YTL Corp by offering them direct equity and the opportunity to participate in the prospects and development of YTL Power at a discount to the prevailing market price of YTL Power’s shares.


   

YTL POWER INTERNATIONAL BERHAD

Net Profit Grows 18% to RM874 Million (USD238 Million)

Sales Hit RM3.8 Billion (USD1.02 Billion)

20% Dividend Recommended

Click here to view YTL Power International Berhad's report

 

Net profit grew 17.8% to RM874.4 million (USD237.6 mil) for the twelve months ended 30 June 2006, compared to RM742.2 million (USD201.7 mil) last year. Profit before taxation jumped 17.1% to RM1,203.7 million (USD327.1 mil) from RM1,027.9 million (USD279.3 mil) last year on the back of a 2.4% increase in revenue to RM3,758.1 million (USD1,021.2 mil) for the fourth quarter ended 30 June 2006 compared to RM3,671.3 million (USD997.6 mil) during the previous corresponding period ended 30 June 2005.

 

The growth in revenue and profit was due to increased contributions from YTL Power’s wholly-owned subsidiary, Wessex Water Limited, a water and sewerage provider in the UK. YTL Power generates approximately 68% of its revenue from its overseas utility operations in the UK, Australia and Indonesia, with 32% derived from its power generation activities in Malaysia.

 

For the year ended 30 June 2006, the Board of Directors of YTL Power has recommended a first and final dividend of 20%. This is the 9th consecutive year that YTL Power has declared dividends to shareholders.


   

YTL CEMENT BERHAD

YTL Cement Records 148% Growth in Net Profit to RM139 Million

Sales Soar 57% to RM1.1 Billion

20% Dividend Recommended

Click here to view YTL Cement Berhad's report

 

Net profit soared 148.4% to RM138.9 million for the twelve months ended 30 June 2006, compared to RM55.9 million for the previous corresponding twelve months ended 30 June 2005, and profit before tax grew 109.9% to RM158.2 million from RM75.4 million last year.

 

Meanwhile, revenue surged 56.8% to RM1,061.4 million for the twelve months ended 30 June 2006, compared to RM677.1 million during the same period last year. The improved financial performance was driven predominantly by higher demand for cement in the construction industry, as well as stabilisation in pricing.

 

YTL Cement’s strong performance during the year to date has generated a 71.6% growth in the company’s net assets per share to 234.6 sen per share as at 30 June 2006, compared to 136.7 sen per share as at 30 June 2005.

 

For the year ended 30 June 2006, the Board of Directors of YTL Cement has recommended a first and final dividend of 20%. This is the 12th year that YTL Cement has declared dividends to shareholders.


   

YTL LAND & DEVELOPMENT BERHAD

YTL Land Registers 5% Growth in Net Profit to RM46 Million

Sales Stand at RM135 Million

Click here to view YTL Land & Development Berhad's report

 

Net profit increased by 5.3% to RM45.5 million for the twelve months ended 30 June 2006, compared to RM43.2 million for the previous corresponding period ended 30 June 2005.

 

Meanwhile, revenue dropped to RM135.4 million for the fourth quarter ended 30 June 2006 from RM175.5 million during the same period last year, due mainly to lower revenue recognition resulting from the timing of project launches by the Group’s subsidiary companies.

 

However, profit before taxation grew 10.8% to RM49.6 million for the twelve months ended 30 June 2006 compared to RM44.8 million last year, as a result of additional sales and higher profit recognition recorded for The Maple condominiums under the Group’s Sentul urban regeneration project.


   

YTL E-SOLUTIONS BERHAD

YTL e-Solutions Records 9% Growth in Net Profit to RM5.6 Million

Sales Stand at RM31 Million

2% Dividend Recommended

Click here to view YTL e-Solutions Berhad's report

 

Net profit grew to RM5.6 million for the twelve months ended 30 June 2006, an increase of 9.5% from RM5.1 million for the previous corresponding twelve months ended 30 June 2005.

 

Meanwhile revenue grew marginally to RM30.7 million for the year ended 30 June 2006 from RM30.6 million last year. The improvements in revenue and net profit for the quarter under review were due mainly to higher revenue achieved by YTL Info Screen Sdn Bhd, a subsidiary involved in digital narrowcasting and digital media content development and delivery, which offset higher operating expenses.

 

For the year ended 30 June 2006, the Board of Directors of YTL e-Solutions has recommended a first and final dividend of 2%.

Back
 
    

SPEECHES

INTERVIEWS

THE OSLO BUSINESS FOR PEACE AWARD

TRANSPARENT COHERENT REGULATORY FRAMEWORK

PERSONAL AND SUSTAINABILITY AWARDS

TAN SRI FRANCIS YEOH'S BIODATA

 
 

Contact Us | Newsletter | Career | Privacy Policy
Twitter | Facebook
 
Terms, Conditions and Disclaimers
Copyright © 2001 - 2017 All rights reserved.
Powered by YTL e-Solutions Bhd.