PETALING JAYA: YTL Corp Bhd reported an over 18-fold increase in net profit for the third quarter ended March 31 at RM414.61mil compared with RM22.43mil a year ago. Revenue increased 71.7% to RM13.31bil for the nine months ended March 31 compared to RM7.75bil a year earlier. Its Ebitda increased 34.3% to RM2.8bil for the current period compared to RM2.1bil for the same period last year. Revenue jumped 73.9% to RM1.9bil for the nine months ended March compared with RM1.09bil for the previous corresponding period. YTL Hospitality REIT recorded higher revenue of RM257.4mil for the nine months ended March 31, up 8.7% from RM236.9mil posted last year.

Source: The Star May 27, 2022 06:52 UTC