Huge Forex Loss

Huge Forex Loss

Of

1.439 Billion Ringgit

Turns Malaysia's

National Electricity

Giant Tenaga Nasional Berhad

TNB

First Quarter Earnings

From Black To RED!

On Top

Of Forex Drain,

Powerhouse's

Financial Performance

Hit By

Lower Electricity Demand

Higher Fuel Cost 

And Foreign Loan

Servicing Cost

TNB

Carries

Debt Burden

Of

24 Billion Ringgit ~

5.5 Billion Ringgit In Yen

6.6 Billion Ringgit In US Dollar

And

11.9 Billion Ringgit 

In Malaysian Ringgit

In Its Books

It Ends

With Net 944.1 Ringgit Loss

After Accounting 

For 1.439 Billion Forex Loss

Despite Operating Profit

Of 942.4 Million Ringgit