YTL Corporation Berhad (YTL) Q3 2025 earnings summary

Executive summary

• Revenue for the 9 months ended 31 March 2025 rose 4% year-over-year to RM23.15 billion, while profit before tax declined 10.8% to RM3.18 billion due to lower contributions from several segments.

• Net profit attributable to owners was RM1.33 billion, down from RM1.61 billion year-over-year.

• Utilities remained the largest contributor to revenue, but saw a decline in both revenue and profit before tax.

Financial highlights

• Gross profit for the 9-month period was RM6.58 billion, slightly down from RM6.74 billion year-over-year.

• Operating profit was RM4.55 billion, down from RM5.23 billion year-over-year.

• Basic EPS for the 9-month period was 12.08 sen, compared to 14.66 sen a year earlier.

• Net assets per share stood at RM1.50 as of 31 March 2025.

Outlook and guidance

• Construction segment is focused on replenishing its order book and progressing domestic projects, including data centers.

• Cement demand expected to remain stable, supported by infrastructure and residential projects, with export opportunities from the Langkawi Plant.

• Property segment anticipates improved demand, aided by government housing initiatives.

• Utilities segment is investing in hydrogen-ready and solar power projects, with stable electricity demand expected.

• Digital banking operations (Ryt Bank) commenced in December 2024, targeting underserved markets.