HLIB Research expects YTL Power to benefit from the recent full commissioning of the Attarat Power facility in Jordan through maintenance income, shareholder interest income and share associate earnings. RHB Research, meanwhile, stated YTL Power’s full-year contributions from its 45%-owned shale oil plant in Jordan will lead its joint venture and associate profit to be stronger for the consequent year. YTL Power is also exploring more land for the development of large-scale solar as well as waste-to-energy facilities. HLIB Research said YTL Power’s telecommunications services, Yes, will continue to improve with 5G offerings and from ongoing project contributions. YTL Power declared a second interim dividend of 3.5 sen per share, bringing the total dividend for FY23 to six sen per share.

Source: The Star August 28, 2023 12:10 UTC