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
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股票價格今天中午從13.98升至15.06，漲幅爲7.7%，這是今年以來的最高點。
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.
投資者們對這家公用事業巨頭最近的收入公告印象深刻，核心淨利潤在2024年第二季度達到了馬幣149.3億，這標誌着同比顯著增長了58%，環比增長了39%。這使得該公司2024財年上半年的核心淨利潤達到了馬幣256.4億，分別相當於公司預測和共識的全年預期的70%和65%。
Analysts say the results were bolstered by better-than-expected performance from its generation segment and reduced system losses.
分析師表示，這些成績得到了發電部門表現優於預期和系統損失減少的支撐。
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.
改善的財務表現主要歸因於發電量季度環比增長了3.5%，對應的需求增長了3.8%。煤炭發電佔比在本季度增至57.2%，受煤炭價格輕微下降的推動。
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，發電成本未能收回從上一季度的馬幣235億上升至馬幣282億。受監管的營業收入因實現的更高電價和更強勁的需求出現了超額的馬幣7390萬盈餘。