YTL posts higher 3Q pre-tax profit, Malaysia
YTL Cement Bhd posted a higher pre-tax profit of MYR127.258m (US$4.4m), for the third quarter ended March 31, 2011, from MYR105.708m recorded in the same period last year.
Revenue increased to MYR542.261m, during the period under review, from MYR428.982m, registered previously.
In a filing to Bursa Malaysia Thursday the company said the increased revenue and pre-tax profit was contributed, among others, by higher demand for cement and improved operational efficiency.
Published under Cement News
