KUALA LUMPUR: YTL Corporation Bhd's net profit for the fourth quarter ended June 30, 2010 surged to RM118.25 million from RM47.32 million a year ago on the back of a 30.4% jump in revenue to RM4.62 billion.
Earnings per share was 6.59 sen.
In a filing to Bursa Malaysia on Thursday, Aug 19, YTL Corp said the higher revenue was mainly due to the consolidation of YTL Power’s wholly owned subsidiary, PowerSeraya Ltd and its subsidiaries.
For the financial year ended June 30, YTL’s net profit rose to RM872.56 million on the back of RM16.41 billion revenue.
The company proposed a first and final gross dividend of ten sen per share.
TOP PICKS BY EDGEPROP
Bukit Beruntung Freehold Industrial Flat Land
Ready Tenants! Airbnb DUAL KEY ROI 14% Cashback30k
Hillltop Landed, Mont Kiara, One Utama 20min
Bungalow 0% DP+Cashback, Setia Alam 18min SS15
Shah Alam, Selangor
[270K HOT SELLING INVESTMENT PASSIVE INCOME 2R+2B]
Shamelin, Ampang, Pandan Indah, Chan Sow Lin
Cheras, Kuala Lumpur
[BEST BUY]Invest 650sqft Condo Price Drop
Desa Parkcity, Kuala Lumpur
(CORNER) 3 Sty Bungalow Corner Avenue 6, BTHO