Malaysia · Delayed Price · Currency is MYR Tenaga Nasional Berhad Earnings Call Transcripts
Fiscal Year 2025
-
FY2025 saw robust profit and revenue growth, driven by strong regulated business, efficiency gains, and disciplined CapEx. Dividend payout increased, with improved cash flow and operational metrics. Strategic investments in RE, grid, and customer solutions support long-term growth.
-
Core profit rose 13.7% year-over-year to MYR 3.26 billion, driven by strong regulated business, higher electricity sales, and robust commercial demand, especially from data centers. Major investments in grid, RE, and EV infrastructure support long-term growth and Malaysia’s energy transition.
-
Q1 FY2025 delivered strong financials with revenue up 17.6% and PAT up 53.5% year-on-year, driven by robust commercial demand, especially from data centers. CapEx utilization and international expansion are on track, with a positive outlook for demand and sustainability targets.
Fiscal Year 2024
-
PAT reached MYR 3.8 billion for the first nine months of 2024, with revenue up 7.5% year-over-year to MYR 42 billion, driven by strong electricity demand and improved GenCo performance. CapEx for 2024 is projected at MYR 11 billion, with continued focus on green initiatives and regional expansion.
-
Q1 2024 saw a 9.9% revenue increase, driven by strong commercial and domestic demand, with data centers and renewables as key growth areas. CapEx for 2024 is set at MYR 13.8 billion, and S&P upgraded the credit rating to A-.