TNB Share Price Jumps 7.7% In Past 5-Day Trading, Hits Highest YTD
TNB Share Price Jumps 7.7% In Past 5-Day Trading, Hits Highest YTD
The improved financial performance were largely attributed to a 3.5% quarter-on-quarter increase in generation units and a corresponding 3.8% growth in demand. The proportion of coal-generated electricity increased to 57.2% during the quarter, driven by a slight decline in coal prices.TNB saw its share price jump 7.7% from 13.98 to 15.06 as of midday today (Sept 4), this marks the highest its been on a year to date basis.
TNb股票价格今天中午从13.98升至15.06，涨幅为7.7%，这是今年以来的最高点。
Investors are impressed with the utility giant's recent earnings announcement with record with core net profit for 2Q24 reaching RM1.493 billion, marking a significant 58% year-on-year increase and a 39% quarter-on-quarter rise. This brought its first half of FY24 core net profit to RM2.564 billion, representing 70% and 65% of the full-year estimates by the company's projections and consensus, respectively.
投资者们对这家公用事业巨头最近的收入公告印象深刻，核心净利润在2024年第二季度达到了马币149.3亿，这标志着同比显著增长了58%，环比增长了39%。这使得该公司2024财年上半年的核心净利润达到了马币256.4亿，分别相当于公司预测和共识的全年预期的70%和65%。
Analysts say the results were bolstered by better-than-expected performance from its generation segment and reduced system losses.
分析师表示，这些成绩得到了发电部门表现优于预期和系统损失减少的支撑。
The improved financial performance were largely attributed to a 3.5% quarter-on-quarter increase in generation units and a corresponding 3.8% growth in demand. The proportion of coal-generated electricity increased to 57.2% during the quarter, driven by a slight decline in coal prices.
改善的财务表现主要归因于发电量季度环比增长了3.5%，对应的需求增长了3.8%。煤炭发电占比在本季度增至57.2%，受煤炭价格轻微下降的推动。
However, under-recoveries of generation costs did rise to RM2.82 billion from RM2.35 billion in the previous quarter. Regulated revenue showed a surplus of RM739 million due to higher realised tariffs and stronger demand.
然而，发电成本未能收回从上一季度的马币235亿上升至马币282亿。受监管的营业收入因实现的更高电价和更强劲的需求出现了超额的马币7390万盈余。
