TNB earnings surge 26% in Q2 on industrial, commercial demand

KUALA LUMPUR: Tenaga Nasional Bhd said earnings improved by more than a quarter in the second quarter, boosted by stronger electricity demand by industrial and commercial users.

Net profit in three month ended June 30 rose 26% to RM821.5mil, or 14.4 sen a share from RM653.3mil, or 11.5 sen a share made a year ago.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
TNB , electricity

Next In Business News
Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
HK’s lure for key IPO investors
Questions surface over timing of UEM Edgenta’s SCR move
Asia-Pacific ratings hold firm
Strong momentum seen for Vietnam equities
Gold rush rolls on
Stake sales for national goals
Where great minds and spirits met
NEXT-GEN INDUSTRY REDEFINED
Pet shop joys

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.