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YTL Power Remains A Proxy To AI Data Centre

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YTL Power’s 9MFY24 result came in within expectations. The group reported 3QFY24 net profit of RM699m, bringing9MFY24 net profit to 2.4b, making up 77%/78% of Maybank’s/consensus’ full year estimates. An interim dividend of 3sen/share was declared. Group PBT declined -20%qoq on the back of a -4%qoq decline in revenue mainly dragged by Seraya. As highlighted […]

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