Kuala lumpur: YTL Corporation Bhd (YTL Corp) has reported an increase in net profit to RM346.48 million for the first quarter ended September 30, 2025 (1Q FY2026), compared to RM333.71 million in the same period the previous year.

According to BERNAMA News Agency, the company’s improved earnings were primarily driven by its property investment and development sector, management services, and the cement and building materials business. However, YTL Corp’s revenue for the reviewed quarter decreased to RM7.64 billion from RM7.77 billion in 1Q FY2025, primarily due to a downturn in its construction business. Despite inflationary pressures and global economic uncertainties, the conglomerate remains cautiously optimistic about its construction sector.

YTL Power International Bhd, a wholly-owned subsidiary of YTL Corp, also recorded a net profit increase, reaching RM500.57 million in 1Q FY2026, up from RM470.60 million in the previous year. This rise was mainly attributed to its water and sewerage business and investment holding activities, which benefitted from a reduction in foreign exchange loss. Nonetheless, YTL Power’s revenue fell to RM5.36 billion in 1Q FY2026 from RM5.68 billion in the previous year, impacted mainly by its telecommunications sector. Looking ahead, YTL Power aims to expand its telecommunications business by offering affordable data plans and innovative 5G services while increasing its subscriber base through partnerships and collaborations.

Malayan Cement Bhd, controlled by YTL Corp, also experienced a rise in net profit, recording RM200.57 million in 1Q FY2026 compared to RM139.44 million in the previous year. This growth was supported by higher revenue, reduced repair and maintenance costs, and improved performance driven by efficiency enhancements. The company’s revenue increased to RM1.22 billion from RM1.17 billion. Malayan Cement anticipates continued support for cement demand from major civil, residential, and infrastructure projects, as well as the development of logistic hubs, data centers, and industrial facilities.