YTL Hospitality REIT

YTLREIT

MYL5109TO002

Specialized REITs

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-28 pm EDT			5-day change	1st Jan Change
1.2 ^MYR	+0.84%		+1.69%	+16.50%

Apr. 09	YTL Hospitality REIT Unit Bags MYR55 Million Contract to Renovate Malaysian Hotel	MT
Feb. 23	YTL Hospitality REIT Hikes Dividend as Profit Soars in Fiscal Q2	MT

YTL Hospitality REIT Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023

February 22, 2024 at 07:39 am EST

YTL Hospitality REIT reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was MYR 145.21 million compared to MYR 130.11 million a year ago. Revenue was MYR 145.21 million compared to MYR 130.11 million a year ago. Net income was MYR 41.4 million compared to MYR 24.9 million a year ago. Basic earnings per share from continuing operations was MYR 0.0243 compared to MYR 0.0146 a year ago.
For the six months, sales was MYR 276.13 million compared to MYR 242.37 million a year ago. Revenue was MYR 276.13 million compared to MYR 242.37 million a year ago. Net income was MYR 68.3 million compared to MYR 47.75 million a year ago. Basic earnings per share from continuing operations was MYR 0.0401 compared to MYR 0.028 a year ago.

Latest news about YTL Hospitality REIT

YTL Hospitality REIT Unit Bags MYR55 Million Contract to Renovate Malaysian Hotel	Apr. 09	MT
YTL Hospitality REIT Hikes Dividend as Profit Soars in Fiscal Q2	Feb. 23	MT
YTL Hospitality REIT Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 22	CI
YTL Hospitality REIT to Buy Hotel Building	Feb. 08	MT
YTL Hospitality REIT Reports Earnings Results for the First Quarter Ended September 30, 2023	Nov. 23	CI
YTL Hospitality REIT Announces Redesignation of Dato' Ahmad Fuaad Bin Mohd Dahalan to Non-Independent Director	Nov. 23	CI
YTL Hospitality REIT Announces Re-Designation of Dato' Ahmad Fuaad Bin Mohd Dahalan to Member of Audit Committee	Nov. 23	CI
YTL Hospitality REIT to Buy Hotel for MYR138 Million	23-09-07	MT
YTL Hospitality REIT's Profit Drops in Fiscal Q4	23-08-01	MT
YTL Hospitality REIT Reports Earnings Results for the Fourth Quarter Ended June 30, 2023	23-07-31	CI
YTL Hospitality REIT Reports Earnings Results for the Full Year Ended June 30, 2023	23-07-31	CI
YTL Hospitality REIT Turns Profitable in Fiscal Q3	23-05-26	MT
YTL Hospitality REIT Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023	23-05-25	CI
YTL Hospitality REIT Announces Re-Designation of Datuk Mark Victor Rozario as Independent and Non Executive Chairman of Audit Committee	23-05-25	CI
YTL Hospitality REIT Announces Resignation of Tan Guan Cheong as Independent and Non Executive Chairman of Audit Committee, Effective 30 May 2023	23-05-25	CI
YTL Hospitality REIT Announces Resignation of Tan Guan Cheong as Independent and Non Executive Director, Effective May 30, 2023	23-05-25	CI
YTL Hospitality REIT Announces the Appointment of Datuk Mark Victor Rozario as Independent and Non Executive Director	23-05-18	CI
YTL Hospitality REIT Announces the Appointment of Datuk Mark Victor Rozario as Independent and Non Executive Member of Audit Committee	23-05-18	CI
YTL Hospitality REIT Raises Dividend as Profit Soars in Fiscal Q2	23-02-24	MT
YTL Hospitality REIT Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022	23-02-23	CI
YTL Hospitality REIT Announces the Appointment of AU WEI LIEN as Independent and Non Executive Director	22-12-13	CI
YTL Hospitality REIT Announces Appointment of YEOH KEONG SHYAN as Alternate Director	22-12-13	CI
YTL Hospitality REIT Announces Appointment of DATO' YEOH SOO MIN as Executive Director	22-12-13	CI
YTL Hospitality REIT Announces Appointment of DATO' HJ MOHAMED ZAINAL ABIDIN BIN HJ ABDUL KADIR as Alternate Director	22-12-13	CI
YTL Hospitality REIT's Profit, Revenue Jump in Fiscal Q1	22-11-25	MT

Chart YTL Hospitality REIT

Duration

Period

More charts

Company Profile

YTL Hospitality REIT is a Malaysia-based company, which is engaged in a range of portfolio of hotel properties. The Company operates through two segments: Property rental and Hotel. The Property rental segment is engaged in leasing of hotel properties. The Hotel segment is engaged in operating hotel business. The Company operates in three main geographical areas, including Malaysia, Japan, and Australia. The Company's principal objectives are to provide unitholders with stable cash distributions through owning and investing in yield accretive real estate assets. Malaysian properties are located in Kuala Lumpur, Pahang, Perak, Terengganu and Penang. The Australian properties are located in Sydney in New South Wales, Brisbane in Queensland and Melbourne in Victoria. The Japanese properties are located in the Niseko area of the island of Hokkaido. Its properties include The Majestic Hotel Kuala Lumpur, The Ritz-Carlton Kuala Lumpur - Suite Wing, The Ritz-Carlton Kuala Lumpur-Suite Wing.

Sector

Specialized REITs

Calendar

2024-05-22 - Q3 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for YTL Hospitality REIT

Trading Rating

Investor Rating

ESG Refinitiv

D-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1.2 MYR

Average target price

1.21 MYR

Spread / Average Target

+0.83%

Consensus

Annual profits - Rate of surprise

Company calendar

Sector Hospitality REITs

	1st Jan change	Capi.
YTL HOSPITALITY REIT	+16.50%	425M
VICI PROPERTIES, INC.	-9.54%	29.7B
HOST HOTELS & RESORTS, INC.	-2.44%	13.27B
GAMING AND LEISURE PROPERTIES, INC.	-13.14%	11.53B
RYMAN HOSPITALITY PROPERTIES, INC.	-2.94%	6.34B
APPLE HOSPITALITY REIT, INC.	-9.75%	3.64B
PARK HOTELS & RESORTS INC.	+7.61%	3.49B
CAPITALAND ASCOTT TRUST	-8.08%	2.5B
JAPAN HOTEL REIT INVESTMENT CORPORATION	+19.51%	2.44B
COVIVIO HOTELS	-10.06%	2.37B

Hospitality REITs