Tenaga Nasional Q4 Earnings Beat Expectations, Shares Rise

February 24, 2026
Company News
The Edge Markets

Tenaga Nasional Bhd (TNB) reported strong fourth-quarter results, with net profit rising 15% year-on-year, beating market expectations and driving its share price up by 1.2%.

KUALA LUMPUR, Feb 24 – Tenaga Nasional Bhd (TNB) today announced its fourth-quarter results for the period ended December 31, 2025, reporting a net profit of RM1.12 billion, a 15% increase from RM970 million in the same period last year. Revenue also grew by 8% to RM13.5 billion. This robust performance exceeded market consensus, primarily driven by increased electricity demand and effective fuel cost management. TNB's shares reacted positively, rising 14 sen or 1.2% to close at RM11.80. Analysts noted that TNB's profitability continues to improve, coupled with government support for energy transition, making it a stable investment choice in the utilities sector. Company management stated that they would continue to focus on renewable energy projects and grid modernization to ensure long-term growth and shareholder value.
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