YTL Corp’s 9-month net profit surges 186% to RM2.8bil

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YTL Corp’s 9-month net profit surges 186% to RM2.8bil
YTL CorpFrancis YeohYTL Power
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(Reuters) - OpenAI's apparent homage to the movie 'Her' featuring the voice likeness of Scarlett Johansson is fueling a backlash against artificial intelligence across Hollywood, executives told Reuters.

’s revenue rose 9% to RM22.2bil in the first nine months to March 31 , compared with RM20.4bil in the same corresponding period last year.

“The group’s Ebitda increased 64% to RM7bil in 9M24 compared to RM4.3bil for the same period last year,” executive chairman Tan Sri Francis Yeoh Sock Ping said in a statement.posted an 8% increase in revenue to RM15.98bil in 9M24 compared to RM14.8bil in the previous corresponding 9M23. Yeoh, who is also the executive chairman of YTL Power, noted that the group achieved strong growth for the nine months under review, driven primarily by better margins in the power generation segment.

“Malayan Cement’s better performance for the 9 months under review was attributed to stabilisation of the selling price for both domestic cement and ready-mixed concrete, coupled with continued improvements in operational efficiencies,” Yeoh said.YTL Hospitality REITNet property income increased by 17% to RM223.7mil during the period under review, up from RM191.3mil in the same period last year.

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YTL Corp Francis Yeoh YTL Power Malayan Cement YTL Hospitality REIT Dividend

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