YTL Corporation Berhad (YTL) investor relations material

Executive summary

• Revenue for the 9 months ended 31 March 2026 was RM22.80 billion, down 1.5% year-over-year; profit before tax fell 8.8% to RM2.90 billion, and net profit attributable to owners declined to RM1.11 billion from RM1.35 billion.

• Utilities remained the largest contributor to revenue, but profit before tax in this segment dropped 22.1% year-over-year.

• Cement and building materials industry saw revenue and profit before tax rise, driven by higher demand and operational efficiencies.

Financial highlights

• Gross profit for the 9-month period was RM6.54 billion, nearly flat year-over-year.

• EBITDA for the period was RM6.65 billion, down from RM6.87 billion a year earlier.

• Basic EPS for the 9 months was 9.61 sen, down from 12.20 sen; diluted EPS was 9.05 sen, down from 12.00 sen.

• Net assets per share increased to RM1.58 from RM1.52 as at 30 June 2025.

• Cash and cash equivalents at period end were RM14.18 billion, down from RM19.11 billion a year earlier.

Outlook and guidance

• Construction segment remains focused on replenishing order book and securing new contracts amid a competitive landscape.

• Cement demand expected to remain satisfactory, but near-term risks include energy and freight cost volatility due to geopolitical uncertainties.

• Property segment anticipates gradual recovery, supported by government initiatives and cautious project launches.

• Utilities segment expects stable electricity demand and is investing in hydrogen-ready power generation and green data centers.

• Hospitality sector outlook remains stable, supported by travel demand and asset enhancement initiatives.