KLSE: YTL
YTL CORP
<< RM 1.00 >>
My target price is Rm 1.
NEW CONCRETE
Cement division returns to the black. The cement division turned in a pretax profit of RM92m against a loss of RM60m/RM10m in 4Q20/1Q20; the former was negatively impacted by impairment of receivables. The improvement was also driven by reduction in cost of production and improved efficiency in sales and distribution operations. The expected pick-up in domestic infrastructure projects, as underpinned in Budget 2021, bodes well for cement demand in the near-tomidterm. Following the acquisition of Malayan Cement, YTL’s cement division now commands a 60%-70% share of the domestic cement market, positioning it well to ride on this potential upcycle in infra spending.
DO YOU BELIEVE
YTL
IS THE ONE
YTL is the one stock you should buy
why? because of HSR
they are the one
YTL I believe in you
https://klse.i3investor.com/servlets/stk/4677.jsp
Labels: YTL
https://klse.i3investor.com/blogs/richpath/2020-12-17-story-h1538277128-YTL_Onwards_to_RM1.jsp
