YTL Power International Berhad (YTLPOWR) Q4 2025 earnings summary

Executive summary

• Revenue for FY2025 was RM21.81 billion, down 2.1% year-over-year; profit before tax fell 21.8% to RM3.15 billion.

• Net profit attributable to owners was RM2.40 billion, a 29.6% decrease from the previous year.

• Lower results were mainly due to reduced power generation prices and currency effects, partially offset by higher water & sewerage contributions.

Financial highlights

• Gross profit for FY2025 was RM5.43 billion, down from RM6.08 billion year-over-year.

• Operating profit was RM4.32 billion; finance costs totaled RM1.54 billion.

• Basic EPS for FY2025 was 28.87 sen, diluted EPS was 27.09 sen, both down from 41.98 sen and 41.45 sen, respectively.

• Net assets per share increased to RM2.51 from RM2.45.

• Cash and cash equivalents at year-end were RM11.32 billion, up from RM8.73 billion.

Outlook and guidance

• Power Generation expects stable demand, with focus on operational efficiency and renewable energy projects, including a 600MW hydrogen-ready CCGT and a 500MW solar facility.

• Water & Sewerage segment awaits outcome of a regulatory review in the UK; continues to seek organic growth.

• Telecommunications aims to expand 5G coverage and subscriber base through affordable plans and partnerships.

• Investment holding activities include the development of a green data center park and the launch of Ryt Bank, a digital bank.