Slight dent seen for TNB earnings


PETALING JAYA: Tenaga Nasional Bhd (TNB) could see a slight dent to its earnings for the financial year ending Dec 31,2020, due to the offering of staggered discounts for electricity consumption in the country.

According to CGS-CIMB Research, the energy giant’s net profit could be impacted by about 2% due to the RM150mil set aside for the initiative, as part of its corporate social responsibility (CSR).

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