Lighting The Path Forward For Malaysia's Recovery In 2010Print this page
Date: 26 October 2009
3-months ended 31 August 2009 (4th Quarter FY2009) - Net profit before forex translation loss of RM408.6 million - 6.6% increase in Group Revenue compared to 3rd Quarter FY2009 against a 10.0% increase in Operating Expenses - EBITDA margin at 22.6% compared to 25.7% for 3rd Quarter FY2009 Full year FY2009 - Net Profit before forex translation loss of RM2,095.7 million - 16.3% increase in Group Revenue against an 18.3% increase in Operating Expenses - Unit electricity demand growth - 3.2% contraction - Group - 2.6% contraction - Peninsula - Average Coal price USD90.2/mt compared to USD76.4/mt for FY2008 - EBITDA margin at 25.2% compared to 29.9% the year before Kuala Lumpur, 26 October 2009 - Tenaga Nasional Berhad (TNB) today announced a net profit of RM408.6 million before forex exchange translation for the 4th Quarter of the Financial Year ended 31 August 2009 (FY2009), compared to RM419.9 million reported for the 3rd Quarter. The slightly lower profit reported for the period resulted from the additional expense incurred for the proactive preventive maintenance and system improvement initiatives executed during the period to improve technical efficiency and service excellence. For the 12-month period for FY2009, the Group reported a 17.5% decline in net profit before forex translation loss, from RM2,540.8 million in FY2008 to RM2,095.7 million, principally from the higher average coal prices incurred of USD90.2/mt (FY2008: USD76.4/mt), which exceeded the USD85/mt recoverable under the tariff adjustment effected in March 2009.
