TNB net profit up 26% in second quarter

Group will take prudent measures to remain resilient

KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) net profit for its second quarter ended June 30, 2021 rose 26% to RM821.50mil from RM653.30mil in the previous corresponding period, mainly due to higher operating profit.

In a filing with Bursa Malaysia yesterday, TNB said the higher net profit was also due to a significant reduction in foreign currency translation loss of RM215.8mil.