KUALA LUMPUR: There were recent corporate announcements made by YTL Corp, YTL Power, Axiata, Maxis, Sime Darby Plantation
, E&O, Petron, Dayang, Pecca, TNB and Pintaras Jaya, said Apex Securities Research.
YTL Corporation Bhd’s net profit jumped to RM589.22 million for the second quarter ended Dec 31, 2023 (2Q FY2023) from RM96.91 million recorded a year earlier.
YTL Power International Bhd, meanwhile, logged a fourfold rise in net profit to RM845.12 million in 2QFY2024, from RM198.82 million last year.
edotco Group Sdn Bhd, a 63%-owned subsidiary of Axiata Group Bhd, is seeking a buyer for its telecommunication tower business in Myanmar. Separately, Axiata posted a net loss of RM695.02 million for the fourth quarter ended Dec 31, 2023 (4QFY2023), compared with a net profit of RM9.95 billion a year ago.
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