Tenaga Nasional Berhad (KLSE:TENAGA)

Tenaga Nasional Berhad Income Statement

Financials in millions MYR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	61,604	56,737	53,067	50,868	48,120	43,976
Other Revenue	3,158	9,098	10,598	22,315	4,510	-
Revenue	64,762	65,835	63,665	73,183	52,630	43,976
Revenue Growth (YoY)	0.55%	3.41%	-13.01%	39.05%	19.68%	-13.67%
Fuel & Purchased Power	18,739	18,739	19,452	25,085	-	-
Selling, General & Admin	225.7	225.7	79.2	105.8	-	-
Depreciation & Amortization	11,232	11,232	11,266	11,403	-	-
Provision for Bad Debts	-795.1	-795.1	-123.9	116	-	-
Other Operating Expenses	26,528	27,774	25,790	27,360	44,993	37,213
Total Operating Expenses	56,112	57,358	56,585	64,145	44,993	37,213
Operating Income	8,650	8,477	7,080	9,038	7,637	6,763
Interest Expense	-4,055	-4,118	-4,349	-4,344	-3,806	-3,671
Interest Income	952.1	902.4	849.7	584.3	456.6	587
Net Interest Expense	-3,103	-3,215	-3,500	-3,760	-3,350	-3,084
Income (Loss) on Equity Investments	-123	107.5	62.4	97.6	193.5	76.5
Currency Exchange Gain (Loss)	896.4	467.4	-209.5	-223.5	-168.5	26.2
Other Non-Operating Income (Expenses)	-175.8	-51.7	-103.1	109.8	212.4	123.9
EBT Excluding Unusual Items	6,144	5,785	3,330	5,262	4,524	3,906
Gain (Loss) on Sale of Investments	-28.3	-28.3	-19	-68.6	-	231.3
Gain (Loss) on Sale of Assets	109.7	109.7	16.9	43.1	26.8	8.3
Asset Writedown	-195.1	-195.1	-177.1	-84.5	-	-
Insurance Settlements	15.3	15.3	72.9	28.4	74.2	42.4
Other Unusual Items	128	128	149.8	168.2	113	47.5
Pretax Income	6,174	5,815	3,374	5,349	4,738	4,235
Income Tax Expense	1,420	1,085	770	1,791	873.6	619
Earnings From Continuing Ops.	4,754	4,730	2,604	3,557	3,865	3,616
Minority Interest in Earnings	1.4	-31	166.7	-94.1	-202.9	-23.7
Net Income	4,755	4,699	2,770	3,463	3,662	3,593
Net Income to Common	4,755	4,699	2,770	3,463	3,662	3,593
Net Income Growth	32.08%	69.61%	-20.01%	-5.42%	1.92%	-20.68%
Shares Outstanding (Basic)	5,816	5,800	5,772	5,738	5,718	5,697
Shares Outstanding (Diluted)	5,823	5,814	5,797	5,774	5,746	5,722
Shares Change (YoY)	0.05%	0.29%	0.39%	0.49%	0.43%	0.61%
EPS (Basic)	0.82	0.81	0.48	0.60	0.64	0.63
EPS (Diluted)	0.82	0.81	0.48	0.60	0.64	0.63
EPS Growth	32.01%	69.12%	-20.32%	-5.88%	1.50%	-21.16%
Free Cash Flow	10,041	11,194	21,644	949	4,933	8,609
Free Cash Flow Per Share	1.72	1.93	3.73	0.16	0.86	1.50
Dividend Per Share	0.510	0.510	0.460	0.460	0.400	0.400
Dividend Growth	-3.77%	10.87%	-	15.00%	-	-20.00%
Profit Margin	7.34%	7.14%	4.35%	4.73%	6.96%	8.17%
Free Cash Flow Margin	15.50%	17.00%	34.00%	1.30%	9.37%	19.58%
EBITDA	16,950	16,553	14,864	16,539	14,830	13,760
EBITDA Margin	26.17%	25.14%	23.35%	22.60%	28.18%	31.29%
D&A For EBITDA	8,300	8,076	7,784	7,501	7,193	6,997
EBIT	8,650	8,477	7,080	9,038	7,637	6,763
EBIT Margin	13.36%	12.88%	11.12%	12.35%	14.51%	15.38%
Effective Tax Rate	23.00%	18.66%	22.82%	33.49%	18.44%	14.62%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.