Tenaga Nasional Bhd (TNB) announced better-than-expected quarterly results, with net profit increasing by 15% year-on-year. This was primarily driven by higher electricity demand and improved operational efficiencies. The company's share price reacted positively.
Malaysian utility giant Tenaga Nasional Bhd (TNB) announced its fourth-quarter financial results for the period ended December 31, 2025, reporting a 15% year-on-year increase in net profit to RM1.25 billion, surpassing market expectations. Revenue also grew by 8% to RM14.5 billion. The company attributed its strong performance primarily to increased electricity demand driven by Malaysia's economic recovery, as well as ongoing efforts in cost control and operational efficiency. TNB stated in its announcement that the expansion of its renewable energy portfolio also contributed to the profit growth. Following this positive news, TNB's share price rose by 1.8% to RM11.30 at Friday's close. Analysts are generally optimistic about TNB's future prospects, believing that its leadership in energy transition and stable cash flow will continue to support its valuation. Company management stated that they would remain focused on enhancing operational resilience and driving sustainable development.
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