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YTL Power's 9-Month Revenue Grows 13% to RM11.7 Billion (US$3.8 Billion)
Kuala Lumpur, 22 May 2012
YTL Power International Berhad's revenue grew 12.7% for the 9 months ended 31 March 2012 to RM11,712.6 million (US$3,778.3 mn) compared to the same period last year, due mainly to better performance of its merchant multi-utility businesses. Net profit attributable to shareholders stood at RM822.8 million (US$265.4 mn) for the 9 months ended 31 March 2012 compared to RM868.0 million (US$280.1 mn) last year.
The Group's established multi-utility businesses, comprising power generation (in both contracted and merchant markets) and power transmission in Malaysia, Singapore, Indonesia and Australia, water and sewerage services in the UK and merchant multi-utility businesses in Singapore, continued to perform steadily during the quarter under review. Although the division's 'Yes' mobile broadband operations continued to register a loss due to the upfront implementation costs to build the 4G network for scale from the outset, this has begun to be mitigated by higher revenue from growing subscriber levels.
YTL Power declared a 1.875% or 0.9375 sen per share third interim dividend for the financial year ending 30 June 2012. The book closure and payment dates for the dividend are 12 June 2012 and 27 June 2012, respectively.