YTL Corp publishes 2026 annual report
Bitget2026/10/30 00:47- YTL Corp's fiscal 2026 annual report showed weaker utility profitability as lower Singapore power margins outweighed improvements in water services and data centers.
- Strong demand drove the doubling of planned capacity at Kulai's Green Data Center Park to 1,200 MW; 298 MW is contracted.
- A strategic partnership announced in August 2026 covers a proposed gigawatt-scale data center campus at Sedenak Tech Park West in Johor.
- Cement operations improved on stronger demand for specialized concrete, tighter cost controls and operational efficiencies.
- Construction swung to a loss following completion of the Gemas Rail project; property development also turned loss-making.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Unity and Nvidia’s investment division join Emulate's $700 million funding round


Anthropic IPO frenzy! Subscription demand several times oversubscribed, targeting a valuation of 1.4 trillions USD
Anthropic's upcoming IPO has sparked strong market enthusiasm, with subscription demand reaching several times the offering. The company plans to raise up to 90.4 billions USD through the IPO and private placement, potentially setting a new record for the largest listing in history. Although its valuation target of 1.4 trillions USD is slightly lower than previously expected, the market response remains extremely enthusiastic, fueled by robust institutional anchor demand.