PETALING JAYA: Tenaga Nasional Bhd
’s (TNB) net profit dropped 51.48% to RM789.4mil on the back of a 13.9% decrease in revenue to RM9.91bil for the third quarter ended May 31, mainly due to the recognition of the imbalance cost pass-through (ICPT) of RM1.82bil for the period from January 2014 to May 2015.
Earnings per share (EPS) dropped to 13.99 sen from 28.83 sen.
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