Green Packet Berhad (KLSE:GPACKET) will discuss the possibility of selling its stake in Packet One Networks (Malaysia) Sdn. Bhd. (P1) in June 2013. According to a key shareholder of the company, YTL Corporation's Berhad (KLSE:YTL)'s Yes mobile and U Mobile Sdn Bhd and Telekom Malaysia Berhad (KLSE:TM) are said to be interested in the P1 stake. Speaking on condition of anonymity, the shareholder told Business Times that a decision will also be made in June 2013. Green Packet has a 61% stake in P1.

YTL Corporation Berhad reported unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2013. For the quarter, the company’s revenue was MYR 4,752,737,000 against MYR 5,239,763,000 a year ago. Profit from operations was MYR 678,798,000 against MYR 876,651,000 a year ago. Profit before taxation was MYR 541,372,000 against MYR 694,366,000 a year ago. Profit for the period was MYR 421,342,000 against MYR 528,037,000 a year ago. Profit attributable to owners of the parent was MYR 289,825,000 or 2.80 sen per basic and diluted share against MYR 364,824,000 or 3.85 sen per basic and diluted share a year ago. For the nine months, the company’s revenue was MYR 14,947,537,000 against MYR 15,108,006,000 a year ago. Profit from operations was MYR 2,140,280,000 against MYR 2,409,809,000 a year ago. Profit before taxation was MYR 1,747,917,000 against MYR 1,834,612,000 a year ago. Profit for the period was MYR 1,371,383,000 against MYR 1,361,988,000 a year ago. Profit attributable to owners of the parent was MYR 944,215,000 or 9.12 sen per basic and diluted share against MYR 854,039,000 or 9.22 sen per basic and diluted share a year ago. Net Cash flow from operating activities was MYR 2,214,067,000 against MYR 2,761,214,000 a year ago. Development expenditures incurred was MYR 100,916,000 against MYR 93,905,000 a year ago. Purchase of property, plant and equipment was MYR 2,774,044,000 against MYR 1,545,337,000 a year ago.

YTL Corporation Berhad announced unaudited consolidated earnings results for the second quarter and six months ended December 31, 2012. For the quarter, the company reported revenue of MYR 5,122,670,000 against MYR 5,325,194,000 a year ago. Profit from operations was MYR 670,689,000 against MYR 802,605,000 a year ago. Profit before taxation was MYR 556,142,000 against MYR 610,103,000 a year ago. Profit for the period attributable to owners of the parent was MYR 262,460,000 or 2.54 sen basic and diluted per share against MYR 237,382,000 or 2.63 sen basic and diluted per share a year ago. The decrease in profit before taxation was mainly attributed to lower recognition of percentage of work done in the construction segment and lower profit recorded in the multi utilities business (merchant) in the Utilities segment. For the six months, the company reported revenue of MYR 10,194,800,000 against MYR 9,868,243,000 a year ago. Profit from operations was MYR 1,461,482,000 against MYR 1,533,158,000 a year ago. Profit before taxation was MYR 1,206,545,000 against MYR 1,140,246,000 a year ago. Profit for the period attributable to owners of the parent was MYR 654,390,000 or 6.33 sen basic and diluted per share against MYR 489,215,000 or 5.44 sen basic and diluted per share a year ago. Net cash flow from operating activities was MYR 1,361,069,000 against MYR 1,600,564,000 a year ago. Development expenditures incurred was MYR 71,782,000 against MYR 46,008,000 a year ago. Purchase of property, plant and equipment was MYR 2,214,777,000 against MYR 894,695,000 a year ago. Net assets per share attributable to ordinary equity holders of the parent was MYR 1.2500 against MYR 1.2600 a year ago.