Monday, April 11, 2011

Tenaga may post weaker Q2 profit: RHB

Tenaga Nasional Bhd may announce weaker profit in the second quarter ended Feb. 28 because of slower electricity sales growth and higher coal costs, according to RHB Research Institute Sdn Bhd.

Malaysia's biggest power producer is expected to announce its quarterly earnings on April 21, analyst Lim Tee Yang wrote in a report today. -- Bloomberg

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