World Class Products at
Competitive Prices
 
  PHILOSOPHY  
 
       
 

YTL Corporationís strategy of offering "World Class Products and Services at Competitive Prices" extends across the range of its business activities, and is perhaps the single most important factor underpinning its success today in enhancing shareholder value. This policy has not only ensured that the group is able to offer attractive, high quality products and services to its customers at competitive prices, but also contributed directly to its success in achieving a compounded annual growth rate in Pre-tax profits of 55% over the last 15 years.


 
 

Indeed, it is because of this strategy that YTL Power is able to profitably sell power at the most competitive prices in the world (at 3.8 US cents per kw/h, a lower average-per-kilowatt than anywhere in the United States)

 
 

One more illustration is the 57 km "KL Cat" Express Rail Link, running from KL City centre to KL International Airport, which is virtually identical in design to the high-speed rail system that runs between London Heathrow Airport and Paddington Station in London, and uses the same Siemen's rail transportation technology. A ticket to ride on the British rail link, a 15-minute trip, is about US$15. In contrast, by cutting capital costs and using a local funding source, the "KL Cat" ERL travels twice as far, about 57 kilometres, in 28 minutes, but for the equivalent of only about US$8. This is the cheapest fare-per-kilometre in the world for rapid rail transit.

 
 

Another example of this strategy is the award winning the Ritz-Carlton Hotel, Kuala Lumpur, which has the cheapest room rates amongst any other Ritz Carlton hotel in the world (a room per night in this luxury five-star hotel runs at only about USD 338++, compared to more than $400 - $500 or more for comparable hotels in Europe or the U.S.).

 
 

Click here to read a speech delivered by Tan Sri (Dr) Francis Yeoh on this subject at Siemens Global Power Generation Symposium 2002.

 
 
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