Tenaga forecasts rebound in revenue

KUALA NERANG: Tenaga Nasional Bhd (TNB), which reported a 13.7 per cent drop in unaudited revenue to RM43.98 billion in 2020, expects the figure to improve this year despite the COVID-19 situation still facing the country.

Chairman Datuk Seri Mahdzir Khalid said the electricity utility’s top line performance weakened last year partly due to the enforcement of the first Movement Control Order (MCO).