YTL up:

Malaysian construction and power group YTL Corp. has reported a year-on-year rise in net profits of 35 per cent to M$235m ($61.8m) for the six months to end December 1998. Lucrative long-term deals to supply electricity to state power utility TNB, and investment income helped profits. Operating profits rose 9.5 per cent to M$382m. Sales turnover fell 11 per cent to M$1.02bn.