YTL FY13 net profit up 13%, main contributors properties, hotels, power station

An overview of the resort.

PETALING JAYA: YTL Corp Bhd recorded a net profit of RM1.33bil for the financial year ended June 30, 2013 (FY13), 13% higher than the RM1.18bil in FY12, contributed mainly by the group’s property development, hotels and power station operation and maintainence.

For FY13’s fourth quarter, the group achieved RM389.9mil in net profit, 19% higher than RM327.1mil last year. Revenue for the quarter came in at RM5.03bil, 1.2% lower than the RM5.09bil registered in the corresponding period a year ago.