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TNB Q2 net profit eases to RM888.8mil amid forex headwinds, higher Opex

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) recorded a net profit of RM888.8 million for the second quarter ended June 30, 2026 (Q2 FY26), down 23.3 per cent from RM1.16 billion achieved in the corresponding quarter last year.

TNB Q2 net profit eases to RM888.8mil amid forex headwinds, higher Opex

Tenaga Nasional Bhd (TNB) reported a net profit of RM888.8 million for the second quarter of FY26, a 23.3% decrease from RM1.16 billion in the same period last year. The decline was primarily due to unfavorable foreign currency fluctuations and higher operating expenses, despite strong commercial power demand driving an 8.3% increase in group revenue to RM18.24 billion.

TNB approved an interim dividend of 25.0 sen per share, amounting to RM1.46 billion in total payouts. The company also highlighted its commitment to accelerating capital expenditures in infrastructure modernisation and green energy projects to meet long-term energy requirements.

Brief written by urgent.news from New Straits Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at nst.com.my →

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