“`html Financial News Update TENAGA: Underlying Growth Prospects Intact Amidst Tax Headwinds, Buy Rating Affirmed Investment Bank TA SECURITIES TP (Target Price) RM15.80 (+20.6%) Last Traded RM13.10 Recommendation BUY TA Securities has maintained its Buy recommendation, despite tweaking the target price lower to RM15.80 from RM17.30 previously. The adjustment follows earnings revisions due to higher…
“`html Investment Bank Research Report Summary TENAGA: Interim Earnings Miss on Higher Tax, Strong Future Prospects Underpin ‘Buy’ Rating Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Investment bank TA Securities noted that despite interim FY25 (IHFY25) results falling short of expectations, particularly in bottom-line performance, underlying prospects remain…
“`html Financial News Report TENAGA: Utility Sector Earnings Fall Short Amid Muted Demand, Outperform Rating Maintained Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Public Investment Bank reported that Tenaga Nasional Berhad (TNB) recorded a 2QFY25 core net profit of RM881.9 million, a decline of 17.1% quarter-on-quarter and 31.9%…
Utility Reports In-Line H1 Performance, Stronger Second Half Expected TENAGA: Utility Reports In-Line H1 Performance Amid Cost Headwinds, Stronger Second Half Expected Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Leading utility company, Tenaga Nasional, has reported its core net profit for the second quarter of financial year 2025…
Powering Ahead: Unpacking the Latest Quarterly Performance of Malaysia’s Energy Giant Greetings, fellow investors and market watchers! Today, we’re diving deep into the recently released first-quarter financial report for the period ended 31 March 2025, from Malaysia’s leading utility company. This report provides a crucial look into the company’s operational health and strategic direction amidst…