Tenaga Nasional Bhd (TNB) reported a 15% increase in net profit for Q4 FY2025, reaching RM1.25 billion, surpassing market expectations. The robust performance was attributed to higher electricity demand from the industrial and commercial sectors. TNB shares rose 0.6% today to close at RM11.05, reflecting investor confidence in its operational efficiency and stable regulatory environment.
Tenaga Nasional Bhd (TNB) announced an impressive set of results for its fourth quarter of fiscal year 2025, with net profit rising 15% year-on-year to RM1.25 billion. This figure surpassed analysts' consensus estimates, primarily driven by the resurgence of economic activities in Malaysia, leading to significant electricity demand growth from the industrial and commercial sectors. TNB's revenue also saw an 8% increase, reaching RM13.5 billion. The company attributed its strong performance to effective cost management and a stable regulatory framework. Following the announcement, TNB shares rose 0.6% today to close at RM11.05, reflecting investor confidence in its stability and profitability as a utility giant. Moving forward, TNB anticipates healthy electricity demand growth, particularly propelled by data centre expansions and manufacturing sector activities.
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