TNB Reaps Benefits From Weakening Of The Yen And Favourable Coal Price
17/07/2013
Kuala Lumpur, 18 July 2013 - TNB announced a Net Profit Attributable to Shareholders of RM1.71 billion for the 3rd Quarter of the Financial Year ending 31st August 2013 (FY2013). After adjusting for foreign exchange translation gain, the Net Profit before Forex Translation was recorded at RM1.38 billion for the quarter.
For the nine-month period ended 31st May 2013, the Group reported a Net Profit Attributable to Shareholders of RM4.39 billion. However, after adjusting for foreign exchange translation gain, the Net Profit before Forex Translation was reported at RM3.28 billion. This is mainly due to increase in Revenue attributed by steady demand; and lower generation costs contributed by lower coal price.
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