TNB Records Better Earnings, Forges Ahead With Transformation
Tenaga Nasional Berhad (TNB) reported a Group Profit After Tax of RM3.86 billion for the first nine months of financial year ended 30th September 2019 (9MFY2019). The group revenue recorded at RM38.76 billion, which is an increase of 2.4 per cent from RM37.85 billion in the same period last year.
The company’s performance was mainly attributable to higher sales of electricity, improved performance in TNB’s share of results of associates, additional other operating income in the period, as well as lower impairments recorded in 9MFY2019.
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