KUALA LUMPUR, June 10 — Tenaga Nasional Bhd's (TNB) net profit declined to RM717.9 million for the first quarter ended March 31, 2020 from RM1.56 billion in the same period last year. Revenue also fell to RM11.65 billion from RM13.24 billion previously. In a filing with Bursa Malaysia, TNB...
The Tenaga Nasional Berhad logo is seen on a building in Kuala Lumpur April 29, 2016. — Picture by Saw Siow Feng
The lower net profit was mainly due to foreign currency loss, resulted from the weakening of the ringgit against the US dollar and the Japanese yen.
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