TNB shares continue to tumble


PETALING JAYA: Shares of Tenaga Nasional Bhd (TNB) continued to come under selling pressure on concerns that its earnings would be affected by the lower electricity tariff, although the national utility said it was neutral for the group.

Analysts, however, expect some RM500mil-RM800mil impact to the top and bottom lines of TNB, resulting from the lower electricity tariff.

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