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YTL Corporation Berhad Full Year 2024 Earnings: Revenues Disappoint
YTL Corporation Berhad (KLSE:YTL) Full Year 2024 Results
Key Financial Results
- Revenue: RM30.5b (up 3.0% from FY 2023).
- Net income: RM2.14b (up 95% from FY 2023).
- Profit margin: 7.0% (up from 3.7% in FY 2023).
- EPS: RM0.20 (up from RM0.10 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
YTL Corporation Berhad Revenues Disappoint
Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) was mostly in line with analyst estimates.
The primary driver behind last 12 months revenue was the Utilities segment contributing a total revenue of RM21.2b (70% of total revenue). Notably, cost of sales worth RM21.4b amounted to 70% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling RM4.91b were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how YTL's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Integrated Utilities industry in Asia.
Performance of the market in Malaysia.
The company's shares are up 1.0% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for YTL Corporation Berhad (of which 1 can't be ignored!) you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About KLSE:YTL
YTL Corporation Berhad
Operates as an integrated infrastructure developer.
Very undervalued with proven track record.
