TNB records RM706.3m net profit for Q1


U jalan a bit lah, market already reach 1300,


tomolo tunjuk ur top gainer face.

TENAGA Nasional Bhd posted a net profit of RM706.3 million for the first quarter ended Nov 30, 2009, compared with a loss of RM944.1 million in the same period in 2008, its chairman Tan Sri Leo Moggie said today. Pre-tax profit was at RM973.1 million versus a loss of RM772.7 million, he told a press conference here. He attributed the higher net profit to the impact of lower forex translation loss of RM45.4 million from RM1.43 billion before and lower operating expenses due to the reduced cost of fuel. Revenue declined to RM7.338 billion from RM7.414 billion due to the decrease in tariff effective March last year. BERNAMA