Friday, October 28, 2011

#Flash* Tenaga 4Q net loss RM453.90m

KUALA LUMPUR: TENAGA NASIONAL BHD [] extended its losses for the second consecutive quarter, posting net loss of RM453.90 million in the fourth quarter ended Aug 31, 2011 versus net profit of RM555.20 million a year ago.

It said on Friday, Oct 28 that revenue was higher at RM9.12 billion compared with RM8.07 billion a year ago. Loss per share was 8.33 sen compared with earnings per share of 10.22 sen.

For the financial year ended Aug 31, 2011, it net profit plunged to RM499.50 million from RM3.20 billion in FY10. Revenue was RM32.20 billion compared with RM30.32 billion.

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