In a filing to Bursa Malaysia, it said revenue rose 7.6% to RM10.58 billion from RM9.77 billion previously.

The group said pre-tax profit for FY18 was 5.7% higher at RM943.24 million from RM892.20 million a year ago, mainly due to the better performance in the power generation (contracted) segment as well as the water and sewerage segment, and partially offset by the lower profit recorded in the multi-utilities business segment and investment holding activities segment.

The group expects the multi-utilities business segment to continue focusing on customer service and diversification beyond its core business into integrated multi-utilities supply.

Meanwhile, YTL Corporation Bhd’s net profit for FY18 ended June 30, 2018 fell 30.5% to RM1 billion from RM1.44 billion registered last year.