YTL Power

[winston]

vested

YTL Power posts lower 2Q profit as power generation business hit by lower prices, stronger ringgit

By Syafiqah Salim

Reported a 9.16% fall in net profit to RM767.69 million for its second financial quarter ended Dec 31, 2024 (2QFY2025), from RM845.12 million a year earlier, mainly due to lower contributions from its power generation division.

The power generation segment’s profit before taxation dropped 29.4% year-on-year to RM729.82 million, impacted by lower pool and retail prices, as well as the strengthening of the ringgit against the Singapore dollar. This is on the back of a 12.6% drop in revenue to RM3.28 billion.

Source: theedgemalaysia.com

https://theedgemalaysia.com/node/745251

[winston]

vested

YTL Power aims to launch first Nvidia supercomputer as early as July, among first in Asia Pacific

By Adam Aziz

Currently under construction, YTL expects to launch their first Nvidia GB200 NVL72-based instances early in the third quarter of the year, becoming one of the first cloud service providers to make the Nvidia Blackwell platform available in Asia Pacific.

Source: theedgemalaysia.com

https://theedgemalaysia.com/node/748471

[winston]

not vested

AI data centre segment could contribute RM900m to YTL Power’s earnings by mid-2027 — CGS International

By Syafiqah Salim

AI DC segment could contribute up to RM900 million to its net earnings by mid-2027.

YTL Power’s AI DC business will operate at an earnings before interest, taxes, depreciation, and amortisation (Ebitda) margin of 65% with Ebitda per megawatt (MW) of US$11.4 million (RM50.4 million), as its capacity scales up from 20MW in mid-2025 to 100MW by mid-2027.

Market sentiment remains cautious, due to the potential overhang from the bonus issue, which is expected to be completed by the second quarter of 2025.

A key concern is that the warrants will be non-tradable, making them less attractive to institutional investors, who are generally restricted from holding unlisted investment instruments.

The issuance involves up to 1.67 billion free warrants, with an exercise price of RM2.45, aimed at raising capital for future expansion.

Source: theedgemalaysia.com

https://theedgemalaysia.com/node/749332

[winston]

vested

YTL Communications Sdn Bhd, a 60%-owned unit of YTL Power International Bhd (KL:YTLPOWR), has been appointed by Railway Assets Corp to develop fibre optic infrastructure along 1,600km of railway tracks.

The infrastructure will be the backbone to national digital connectivity, in line with the National Broadband Plan and the National Digital Network or Jendela. However, the project value and tenure was not disclosed.

Source: The Edge

[winston]

not vested

YTL Corp and YTL Power's shareholders approve one-for-five bonus warrants

By Yap Yan Qing

YTL Corp's bonus issue entails up to 2.27 billion warrants, allowing shareholders to convert the warrants into shares at an exercise price of RM1.50 per share during a three-year tenure. On Monday, YTL Corp shares closed at RM1.89.

YTL Power's bonus issue of 1.67 billion warrants has a conversion price of RM2.45 per share over three years. Shares of YTL Power closed at RM3.37 on Monday.

These warrants will not be listed and cannot be traded or transferred.

If fully exercised, the warrants will bring in RM3.4 billion to YTL Corp, and RM2.2 billion to YTL Power. YTL Corp owns a 54.94% stake in YTL Power.

If fully exercised, the warrants will bring in RM3.4 billion to YTL Corp, and RM2.2 billion to YTL Power. YTL Corp owns a 54.94% stake in YTL Power.

Source: theedgemalaysia.com

https://theedgemalaysia.com/node/753300