TNB’s FY2021 net profit rises to RM3.66b | Malay Mail

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KUALA LUMPUR, Feb 24 — Tenaga Nasional Bhd’s (TNB) net profit rose to RM3.66 billion for the financial year ended December 31, 2021 (FY2021) from RM3.59 billion in the previous year despite a 72 per cent larger net loss on impairment of financial instruments of RM940.2 million recognised during...

KUALA LUMPUR, Feb 24 — Tenaga Nasional Bhd’s net profit rose to RM3.66 billion for the financial year ended December 31, 2021 from RM3.59 billion in the previous year despite a 72 per cent larger net loss on impairment of financial instruments of RM940.2 million recognised during the year.

Revenue surged to RM52.63 billion against RM43.98 billion previously, mainly attributable to higher total sales of electricity which increased by 19.3 per cent or RM8.35 billion. For the fourth quarter of FY2021, the utility giant, however, recorded a lower net profit of RM877.80 million against RM1.21 billion a year earlier, while revenue widened to RM15.74 billion from RM10.32 billion previously. It said the narrowed bottom-line growth for the quarter under review was mainly due to unfavourable foreign exchange and higher tax expense recognised in the current quarter.

 

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Dok declare untung bilion2..jangan plak pasni umum naik caj bil letrik konon kenaikan kos bahan mentah..hawau!!!

Kejahatan kerajaan pada rakyat tidak pernah berhenti

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