TNB positioned for growth amid energy shift


CIMB Research sees steady dividend yields of 3.5% to 3.9% over 2024 to 2026.

PETALING JAYA: Tenaga Nasional Bhd (TNB) appears well positioned for sustained earnings growth, underpinned by a robust capital expenditure programme and continued regulatory support.

Despite some short-term fluctuations in electricity demand, analysts believe the utility giant’s prospects remain compelling, particularly as it stands to benefit from Malaysia’s accelerating energy transition and data centre expansion.

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