TNB said that it reported a fair performance mainly underpinned by electricity demand growth of 3.8%.
PETALING JAYA: Tenaga Nasional Bhd
(TNB) is expecting a reasonable performance in 2024, as it sought to calm shareholders after it reported its poorest bottomline in six years.
The electricity provider’s net profit tumbled by 20% in the financial year ended Dec 31, 2023 (FY23) due to negative fuel margins and impairment on intangible assets.
