Taxes bite into TNB bottomline


Utility giant’s Q3 earnings 15% lower to RM1.96bil

PETALING JAYA: Tenaga Nasional Bhd’s (TNB) tax bill for the third quarter jumped to RM400mil, which is an increase of 18 times from the same period last year, causing the dominant power-generation company’s earnings to slip by some 15%.

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Business , TNB , electricity , Tenaga , power , PPA

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