Asia300

YTL Corp Bhd.

Malaysia

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
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May 29, 2017
Prev close: 1.52
May 29, 2017
Market cap:
Market cap(USD):
16,584.04M
3,878.41M
Shares: 10,910.55M

Currency in MYR

Company profile

Market(Ticker): KLS(4677)
Sector:
Industry:
Utilities
Electric Utilities
Full time employees: --

Business summary

YTL Corp. Bhd. is an investment holding and management company, which engages in the ownership and management of regulated utilities and infrastructural assets. It operates through the following segments: Construction; Information Technology and e-Commerce Related Business; Hotel Operations; Cement Manufacturing and Trading; Cement Management Services and Others; Property Investment and Development; and Utilities. The Construction segment involves in constructing buildings, schools, army barracks, hospitals, hotels and office blocks, and infrastructure projects. The Information Technology and e-Commerce Related Business segment includes developing, owning, and operating digital media networks and wireless fixed broadband services. The Hotel Operations segment offers owning and managing hotels and resorts. The Cement Manufacturing and Trading segment involves in manufacturing and trading ready-mixed concrete, aggregates, and cement. The Management Services and Others segment provides maintenance and monitoring services for power stations, and cement plants. The Property Investment and Development segment includes developing residential houses, apartments, and condominiums. The Utilities segment consists of water and sewerage operations; power generation and merchant multi-utilities; and power transmission, generation, and communications business. The company was founded by Yeoh Tiong Lay in 1955 and is headquartered in Kuala Lumpur, Malaysia.

Company background

YTL is an ethnic Chinese-owned conglomerate that is involved in utilities, property development, telecommunications and transport.

Established in 1955 as a construction company, YTL -- through its subsidiary YTL Power International -- has evolved into a leading utilities provider in Australia, Indonesia, Malaysia, Singapore and the U.K. In Malaysia, it owns two gas-fired power plants with a capacity of 1,212 megawatts.

YTL wholly owns Wessex Water, a water and sewerage operator in the U.K., which the company acquired from defunct U.S. electricity trader Enron. These utilities contributed about 80% of the group's revenue.

The company owns luxury hotels in Europe, Japan, Malaysia and Thailand.

YTL is headed by Managing Director Francis Yeoh Sock Ping, a civil engineer by training, together with his siblings. He is the eldest son of the founder, Yeoh Tiong Lay, after whom the company is named. The Yeoh family owns a majority of YTL's shareholdings. YTL has three listed subsidiaries in Malaysia and another in Singapore. It is also dual-listed on the Tokyo Stock Exchange.

In the news

Financial highlights

Jun 2016

  • Local currency
  • US Dollar
Revenue 15,377.50M
Gross profit 4,451.69M
Operating income 2,713.10M
Income before tax 1,617.44M
Net income 916.43M
EBITDA 4,407.70M
Diluted EPS 0.08
Dividends per share 0.09
Total assets 67,511.69M
Total liabilities 45,145.62M
Total equity 14,529.63M
Operating cash flow 2,866.71M

Currency in MYR

Revenue 3,719.34M
Gross profit 1,076.72M
Operating income 656.21M
Income before tax 391.21M
Net income 221.65M
EBITDA 1,066.08M
Diluted EPS 0.02
Dividends per share 0.02
Total assets 16,746.04M
Total liabilities 11,198.21M
Total equity 3,604.02M
Operating cash flow 693.37M

Currency in USD

Valuation measures

Jun 2016

PER 18.97
ROA 1.36%
ROE 6.30%
Operating margin 17.64%
Profit margin 5.95%

Key executive

  • Managing Director & Executive Director: Francis Yeoh
  • Executive Director & Deputy Managing Director: Seok Kian Yeoh
  • Secretary: Say Keng Ho

Share holders

  • Yeoh Tiong Lay & Sons Holdings Sdn. Bhd.(47.0%)
  • Employees Provident Fund(6.6%)
  • YTL Corp Bhd.(3.4%)
  • Permodalan Nasional Bhd.(2.2%)
  • The Vanguard Group, Inc.(1.5%)
  • Dimensional Fund Advisors LP(1.5%)
  • YEOH SOCK PING(1.2%)
  • State of Pahang(0.8%)
  • Velvet Properties Ltd.(0.8%)
  • YEOH TIONG LAY(0.8%)

Address

  • Website: http://www.ytl.com
  • Address: 11th Floor, Yeoh Tiong Lay Plaza, 55 Jalan Bukit Bintang, Kuala Lumpur, 55100, Malaysia
  • Phone: +60.3.2142.6633

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