trending Market Intelligence /marketintelligence/en/news-insights/trending/1XjRKASSC8E_PyRSdb0iAw2 content esgSubNav
In This List

Tenaga Nasional fiscal Q2 profit climbs 82.0% YOY

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Using ESG Analysis to Support a Sustainable Future


Tenaga Nasional fiscal Q2 profit climbs 82.0% YOY

Tenaga Nasional Bhd. said its normalized net income for the fiscal second quarter ended Feb. 28 amounted to 27 Malaysian sen per share, compared with the S&P Capital IQ consensus estimate of 25 sen per share.

EPS rose 82.0% year over year from 15 sen.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.50 billion ringgits, a gain of 82.0% from 824.5 million ringgits in the year-earlier period.

The normalized profit margin increased to 14.1% from 8.2% in the year-earlier period.

Total revenue increased 6.1% on an annual basis to 10.61 billion ringgits from 10.00 billion ringgits, and total operating expenses declined 7.8% from the prior-year period to 7.83 billion ringgits from 8.49 billion ringgits.

Reported net income rose 24.4% year over year to 2.16 billion ringgits, or 38 sen per share, from 1.73 billion ringgits, or 31 sen per share.

As of April 27, US$1 was equivalent to 3.55 ringgits.