Latest news with #TenagaNasionalBerhad
Yahoo
2 days ago
- Business
- Yahoo
Tenaga Nasional Berhad First Quarter 2025 Earnings: EPS Misses Expectations
Revenue: RM15.9b (flat on 1Q 2024). Net income: RM1.06b (up 48% from 1Q 2024). Profit margin: 6.7% (up from 4.5% in 1Q 2024). EPS: RM0.18 (up from RM0.12 in 1Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Looking ahead, revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Electric Utilities industry in Asia. Performance of the market in Malaysia. The company's share price is broadly unchanged from a week ago. We should say that we've discovered 2 warning signs for Tenaga Nasional Berhad (1 shouldn't be ignored!) that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Free Malaysia Today
3 days ago
- Business
- Free Malaysia Today
How TNB is transforming rural communities
Tenaga Nasional Berhad is in the process of providing electricity supply to 25 villages located in Perak, Pahang and Johor. (TNB pic) PETALING JAYA : For many Malaysians living in cities, electricity is simply a given. But for thousands in remote and underserved areas, reliable access to power remains a challenge. To bridge this gap, Tenaga Nasional Berhad (TNB), in collaboration with the rural and regional development ministry, is driving the country's Rural Electrification Programme, aiming to bring sustainable, reliable electricity to every corner of Malaysia. Bringing power to remote villages TNB's initiative is currently focused on 25 villages across Perak, Pahang and Johor, with five villages already connected to the grid. A standout project is a micro-hydro system in Lenjang, Kuala Lipis, Pahang, which will soon provide electricity to 210 houses and 10 community centres in 10 indigenous villages. This is part of a broader strategy to use a mix of grid extensions, off-grid solar technology, micro-hydro solutions, as well as hybrid energy systems to overcome the challenges of difficult terrain and dispersed populations. TNB's Rural Electrification Programme focuses on long-term sustainability and engagement with rural communities. (TNB pic) TNB employs modern technologies such as satellite mapping and drones to efficiently plan infrastructure deployment. By combining renewable energy options with community-based initiatives that involve training local residents, the programme aims to ensure long-term system maintenance and sustainability. Improving lives through reliable electricity Access to electricity transforms daily life – it enables children to study after dark, healthcare facilities can operate advanced equipment longer and businesses gain the tools to thrive. A micro-hydro powered village, for example, can sustain clinics, schools and small enterprises, opening doors to opportunities once beyond reach. In many parts of rural Malaysia, electricity also means better communication and connection to the wider world. With power, villagers access the internet, online education and digital marketplaces, narrowing the gap between urban and rural communities. A focus on sustainability and inclusivity Equipping rural communities with reliable electricity supply will provide residents with better access to helpful amenities and services. (TNB pic) In addition to immediate benefits, the programme is aligned with national goals to promote social equity and environmental responsibility. By integrating cleaner energy sources like solar and micro-hydro power, TNB is reducing reliance on fossil fuels and contributing to Malaysia's climate targets. To address the high costs and geographic challenges of rural electrification, the programme adopts cost-effective renewable solutions tailored to each community's needs. Building a future powered by community Beyond infrastructure installation, TNB focuses on empowering communities through training and local engagement. This helps develop the capacity for system upkeep and repair, creating ownership and ensuring the long-term success of electrification projects. TNB's Rural Electrification Programme is an important driver for inclusive growth and sustainable development in Malaysia. By extending reliable and clean electricity to remote areas, the programme is empowering rural communities and supporting the nation's vision for equitable progress. To learn more about TNB's initiatives in rural Malaysia, visit the official website.
The Star
3 days ago
- Business
- The Star
Trading ideas: Samaiden, Pestech, Jati, Paradigm REIT, Bursa, MPI, THB, HLB, TM, Axiata, MISC, Genting Plantations, IOIProp, SimeProp, Kerjaya, AAX, 7-Eleven
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Samaiden Group Berhad will build and operate a solar facility on 400-acre land in Pasir Mas, Kelantan with a maximum export capacity of 99.99MWac, supplying clean electricity to Tenaga Nasional Berhad under a 23-year power purchase agreement. Pestech International Berhad secured a RM270.41mn contract from controlling shareholder Dhaya Maju Infrastructure (Asia) Sdn Bhd for Phase 2 of the Klang Valley electric double track project. Jati Tinggi Group Berhad was awarded a RM161.45mn contract by Tenaga Nasional Berhad to develop a 275kV bulk supply connection to a Johor data centre. Paradigm Real Estate Investment Trust announced that its IPO has been oversubscribed by 1.49 times ahead of its listing on the Main Market of Bursa Malaysia Securities Berhad. Bursa Malaysia Berhad and its subsidiaries will be closed on June 2, 2025 (Monday), in conjunction with the official birthday of the King, Sultan Ibrahim Ibni Almarhum Sultan Iskandar. Malaysian Pacific Industries Bhd reported a 22.4% YoY increase in net profit to RM40mn in 3QFY24, driven by improved operating margin and lower operating costs. RHB Bank Berhad reported a 2.7% YoY increase in net profit to RM750.03mn for 1QFY2025, supported by higher net interest income (+7.3% YoY) on loan growth and a 51% drop in credit loss allowances. Hong Leong Bank Berhad recorded a 9.4% YoY decline in 3QFY2025 net profit to RM946.69mn, dragged by RM407.6mn in dilution losses from two China-based firms and lower earnings from associate companies. Telekom Malaysia Berhad posted a 5.5% YoY drop in net profit to RM401.26mn in 1QFY2025, mainly due to 5G access and device costs, despite a slight 0.5% rise in revenue to RM2.85bn. Axiata Group Berhad posted a 166% YoY surge in net profit to RM159.84mn for 1QFY2025, driven by lower depreciation, cost savings, forex gains, and higher contribution from CelcomDigi Berhad. MISC Berhad saw a 7% YoY decline in 1QFY2025 net profit to RM705.7mn, as all business segments posted weaker contributions. Genting Plantations Berhad registered a 43% YoY rise in 1QFY2025 net profit to RM61.26mn, on higher palm oil prices and robust downstream sales, which more than offset seasonally lower upstream production. IOI Properties Group Berhad reported a 65.4% YoY decline in 3QFY2025 net profit to RM76.13mn, due to higher interest expense. Sime Darby Property Berhad posted a 4.2% YoY decline in 1QFY2025 net profit to RM118.41mn, amid higher tax expenses and internal eliminations that offset better contributions from the property and asset management divisions. Kerjaya Prospek Group Berhad recorded a 37% YoY jump in 1QFY2025 net profit to RM46.1mn, supported by a 40% YoY increase in revenue to RM472mn on stronger construction progress. AirAsia X Berhad reported a 37.3% YoY decline in 1QFY2025 net profit to RM50.21mn, as higher operating expenses outweighed a 3.4% YoY revenue growth to RM940.08mn. 7-Eleven Malaysia Holdings Berhad saw a 17.2% YoY drop in 1QFY2025 net profit to RM10.63mn, impacted by expansion costs related to its 7-Café initiative.
Free Malaysia Today
3 days ago
- Business
- Free Malaysia Today
Sastera perjalanan sebagai satu genre
How TNB is transforming rural communities Tenaga Nasional Berhad's rural electrification programme is improving lives, boosting economies and bridging the digital divide. Batik Air launches its first international route from Subang Batik Air will operate daily flights to Bangkok Don Mueang International Airport beginning July 28, 2025. Anlene CholestoPro lowers cholesterol and supports bone health The new milk formulation is designed to support cholesterol levels while promoting bone, joint and muscle health. Turnover XXV sets the scene for a cinematic shake-up The new British film company lands in Malaysia with a plan to tell untold stories, train new talent, and flip the script on traditional filmmaking. Does your short horror film make the 'CUT!'? Win up to RM40,000! Sinister scares take the spotlight in Ampersand Advisory's thrilling new competition, which seeks scary movies of superior substance.
Rakyat Post
4 days ago
- Business
- Rakyat Post
TNB Spent Over RM45 Million On Rakyat-Centric Initiatives In 2025
Subscribe to our FREE Tenaga Nasional Berhad (TNB) delivered a stable operational performance for the first quarter ended 31 March 2025 (Q1 2025), reinforcing its commitment to powering Malaysia's energy future and advancing rakyat-centric development. The Group's Q1 2025 performance reflected stable and sustained electricity demand, supported by ongoing domestic economic growth. Consumption from the commercial sector grew by 5.1%, largely driven by the rise of energy-intensive industries, such as data centres. As Malaysia advances its ambition to become a regional digital hub, TNB continues to power critical infrastructure for the sector. As of the first quarter of 2025, the Group had energised 21 data centres and secured 43 supply agreements, with a total committed load of around 6.4GW, reinforcing its role as a key enabler of the nation's digital and industrial transformation. Additionally, the appreciation of the Ringgit against the US Dollar, from RM4.73 in March 2024 to RM4.44 in March 2025, helped ease pressure on fuel and capital expenditures, with forex gains turning positive due to the stronger currency. This further supported TNB's financial resilience. 'TNB's focus remains firmly on sustaining stable performance while creating long-term value for shareholders,' said TNB President and CEO, Datuk Megat Jalaluddin Megat Hassan. Through prudent cost management, reliable service delivery and a clear commitment to nation-building, we continue to provide consistent value despite ongoing global challenges. TNB President and CEO Datuk Megat Jalaluddin Megat Hassan. Expanding International RE Footprint Complementing its domestic efforts, TNB expanded its international renewables portfolio with the development of its first solar greenfield project in Eastfields and Bunkers Hill, United Kingdom, slated to be commissioned in the second quarter of 2025. These projects are part of TNB's long-term strategy to secure foreign-denominated returns while supporting global energy transition goals. The returns and insights from these international ventures contribute to TNB's financial strength and energy transition efforts at home. This global-local synergy ensures that TNB's international success continues to translate into national benefit. Building a Resilient, Inclusive Energy Ecosystem Building on this progress, TNB's Q1 performance reflects focused execution across its operational priorities while ensuring that growth is inclusive and aligned with national aspirations. 'Our financial strength is not an end in itself; it is the means through which we create meaningful impact for the rakyat,' said Megat. As we modernise the grid and expand our renewable energy portfolio, we are equally focused on ensuring that no community is left behind. This is the essence of our purpose: delivering progress that uplifts all Malaysians. TNB President and CEO Datuk Megat Jalaluddin Megat Hassan. TNB remains committed to delivering long-term value by balancing operational excellence with purposeful nation-building. Empowering Communities Through Strategic Giving TNB aims to drive progress with positive social impact to the community by allocating 1% of our Profit After Tax (PAT) towards community development in social, education, environmental and sports. In Q1 2025 alone, TNB channelled more than RM45 million to support rakyat-centric initiatives across the country. 'Beyond powering the nation, TNB remains deeply committed to empowering future generations through education. Our programmes reflect a long-term investment in the communities we serve, ensuring no child is left behind in Malaysia's journey toward a more inclusive, knowledge-based economy,' said TNB Chairman Tan Sri Abdul Razak Abdul Majid. These strategic investments address broader societal needs, including: Education Initiatives: More than RM36 million was channelled through UNITEN and Yayasan Tenaga Nasional (YTN) sponsorships, benefitting over 20,000 students nationwide. Ceria ke Sekolah: RM1 million was provided for back-to-school support programmes in 40 locations, helping around 8,000 underprivileged children start the academic year with confidence. Ihya Ramadan : Approximately RM1.5 million was distributed during the Ramadan period, reaching over 50,000 individuals in Peninsular Malaysia and Sabah through food aid, community events and religious programmes. Wakalah Zakat Distribution: Almost RM4 million was disbursed to over 14,000 asnaf recipients, covering Projek Baiti Jannati, house repairs and rewiring, support for the underprivileged, and muslim causes, including mosque and surau upgrades, education centre support and broader aid. Healthcare Support : Nearly RM300,000 was allocated to benefit 2,560 individuals, including equipment for Hospital Rehabilitasi Cheras and Hospital Pakar USM, patient support at Hospital Sultan Zainal Abidin and initiatives by Pertubuhan Prihatin dan Sokongan Kanser Wanita and World Cancer Day 2025. Disaster Relief: Over RM300,000 was deployed to assist more than 2,000 individuals affected by floods and storms across several states. Support for Indigenous Communities: RM110,000 in targeted aid was extended to over 1,200 Orang Asli individuals in Royal Belum and Slim River, Perak. Development of National Sports: More than RM2.1 million has been allocated to support the country's hockey development, reaching over 5,000 individuals through contributions to the Malaysian Hockey Confederation, training clinics, equipment provision and other sports-related initiatives. Sekolah Angkat Programme Expanded to 50 Schools As part of its long-term community development strategy, TNB significantly expanded its Sekolah Angkat TNB programme to cover 50 schools nationwide, compared to 36 previously. With an investment of about RM2.3 million, the programme delivers tailored interventions across academic support, digital learning, infrastructure upgrades and co-curricular development, including: Confirm AI with UNITEN (10 schools) Trust School for Peer Assisted Learning and Sharing (PALS) (6 schools) Thunderbolts TNB (7 schools) PINTAR TNB with Yayasan Pintar (13 schools) Sekolah Angkat MADANI (14 schools) These sustained efforts reflect TNB's commitment to building a future-ready Malaysia where progress is powered not only by reliable and sustainable energy, but also by inclusive opportunities that uplift communities, empower future generations and strengthen the nation's social fabric. Through its continued focus on operational excellence and purposeful investments, TNB remains dedicated to delivering impact that reaches beyond the grid. Share your thoughts with us via TRP's . Get more stories like this to your inbox by signing up for our newsletter.
