YTL Corp losses widen in FY21 on higher UK tax expenses


KUALA LUMPUR: YTL Corp Bhd made a pretax profit of RM110mil in the last quarter, aided by the turnaround of its cement and building materials division, but a huge deferred tax expenses in the UK pulled the conglomerate deep into the red.

Net loss for the three-month ended June 30 swelled to RM408mil compared with a loss of RM251mil a year ago.

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