Asia300

YTL Corp Bhd.

Malaysia

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Nov 17, 2017
Prev close: 1.21
Nov 17, 2017
Market cap:
Market cap(USD):
13,465.8M
3,235.81M
Shares: 11,128.8M

Currency in MYR

Company profile

Market(Ticker): KLS(4677)
Sector:
Industry:
Utilities
Electric Utilities
Full time employees: 11,000

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 & 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 2017

  • Local currency
  • US Dollar
Revenue 14,682.17M
Gross profit 4,102.42M
Operating income 2,443.80M
Income before tax 1,255.40M
Net income 813.30M
EBITDA 4,009.65M
Diluted EPS 0.07
Dividends per share 0.04
Total assets 74,971.41M
Total liabilities 51,571.83M
Total equity 14,800.06M
Operating cash flow 2,187.75M

Currency in MYR

Revenue 3,426.22M
Gross profit 957.33M
Operating income 570.28M
Income before tax 292.96M
Net income 189.79M
EBITDA 935.69M
Diluted EPS 0.01
Dividends per share 0.01
Total assets 17,465.06M
Total liabilities 12,013.98M
Total equity 3,447.76M
Operating cash flow 510.53M

Currency in USD

Valuation measures

Jun 2017

PER 18.85
ROA 1.14%
ROE 5.54%
Operating margin 16.64%
Profit margin 5.53%

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(6.1%)
  • YTL Corp Bhd.(3.4%)
  • Permodalan Nasional Bhd.(2.2%)
  • The Vanguard Group, Inc.(1.5%)
  • Dimensional Fund Advisors LP(1.4%)
  • YEOH SOCK PING(1.2%)
  • State of Pahang(0.8%)
  • Velvet Properties Ltd.(0.8%)
  • Estate Of Yeoh Tiong Lay(0.8%)

Address

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

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