Market Mover | YTL Power Releases Quarterly Performance Report for Period Ending March 31, 2024; Stock Price Plummets by 9%
Market Mover | YTL Power Releases Quarterly Performance Report for Period Ending March 31, 2024; Stock Price Plummets by 9%
May 24, 2024 - $YTLPOWR (6742.MY)$ shares fell 9.29% to RM 4.88 in trading on Friday. The company released its 24Q1 financial results. Revenue fell but net profit increased significantly.
2024 年 5 月 24 日- $YTLPOWR (6742.MY)$ 週五股價下跌9.29％，至4.88令吉。該公司發佈了其第一季度財務業績。收入下降，但淨利潤大幅增加。
2024 First Quarter Financial Highlights
2024 年第一季度財務摘要
-The revenue for this quarter is RM 5159.8 million, down 3.8% compared to RM 5357.5 million in the same period last year.
-本季度的收入爲5.1598億令吉，與去年同期的5.3575億令吉相比下降了3.8％。
-The net profit (attributable to ordinary equity holders of the parent) for this quarter reached RM 698.69 million, up 34.5% compared to RM 519.64 million in the same period last year.
-本季度的淨利潤（歸屬於母公司的普通股持有人）達到6.9869億令吉，與去年同期的5.1964億令吉相比增長了34.5％。
-This quarter's dividend is declared at 3 sen per share, compared to 2.5 sen in the same period last year.
-本季度的股息宣佈爲每股3仙，而去年同期爲2.5仙。
Business Outlook
商業展望
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Power Generation:
YTL PowerSeraya, a subsidiary, has an agreement with TNB Genco to export and import 100MW of electricity to Singapore via an interconnector, marking the first commercial supply of electricity from Malaysia to Singapore.
The lifting of Malaysia's export ban on renewable energy is a positive development for the green electricity market, with YTL PowerSeraya well-positioned to participate in the green energy import market.
YTL PowerSeraya won a proposal to develop a 600MW hydrogen-ready CCGT power plant, which aligns with the company's commitment to environmentally sustainable practices.
The power generation segment will focus on customer service, operational efficiency, and exploring diversification into integrated multi-utilities supply.
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Water & Sewerage:
Wessex Water, an appointed business, is working towards delivering investment commitments agreed with the regulator and discussing plans for the next price review.
The company is exploring opportunities for organic growth within the wider UK group.
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Telecommunications:
YES #FirstTo5G and Infinite data plans are providing unlimited 5G plus 4G data, with plans to extend 5G services across the country in line with DNB's 5G network rollout.
The company is looking to increase its subscriber base through partnerships and collaborations.
Investment Holding Activities:
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發電：
子公司YTL PowerSeraya與TNB Genco達成協議，通過互連器向新加坡出口和進口100兆瓦的電力，這標誌着馬來西亞首次向新加坡商業電力供應。
馬來西亞取消可再生能源出口禁令是綠色電力市場的積極進展，YTL PowerSeraya完全有能力參與綠色能源進口市場。
YTL PowerSeraya贏得了開發600兆瓦氫氣就緒型CCGT發電廠的提案，這符合該公司對環境可持續實踐的承諾。
發電部門將專注於客戶服務、運營效率以及探索向綜合多公用事業供應的多元化發展。
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供水和污水處理：
指定企業威塞克斯水務公司正在努力兌現與監管機構商定的投資承諾，並討論下一次價格審查的計劃。
該公司正在探索更廣泛的英國集團內部的有機增長機會。
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電信：
是的 #FirstTo5G 和無限數據計劃提供無限的5G和4G數據，並計劃根據DNB的5G網絡推出，將5G服務擴展到全國各地。
該公司希望通過合作伙伴關係和合作來增加其訂戶群。
投資控股活動：
Development of the YTL Green Data Center Park, co-powered by on-site renewable solar energy, is underway.
The consortium with Sea Limited was awarded a digital banking license, aiming to contribute to Malaysia's digital transformation and broaden financial services access.
由現場可再生太陽能共同提供動力的YTL綠色數據中心園區的開發正在進行中。
與Sea Limited的財團獲得了數字銀行牌照，旨在爲馬來西亞的數字化轉型做出貢獻並擴大金融服務渠道。
譯文內容由第三人軟體翻譯。