YTL Corp bucked the trend, with net profit of RM484.36 million, up 140% compared with RM202.52 million a year ago. Revenue was also higher at RM1.98 billion compared with RM1.63 billion.
Litrak saw its net profit falling 33% to RM19.5 million from RM29.12 million a year ago while WCT’s earnings fell to RM39.22 million from RM55.58 million.
However, companies which secured contracts in Iskandar Malaysia could see some activity, including Loh & Loh Corp and Salcon while companies with land banks in the area would also see trading interest including Tebrau Teguh, MRCB and UEM Land.
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