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TNB Profits, Whose Loss?

Posted in Malaysia Financial News, Malaysia Investment |

TENAGA NASIONAL BERHAD CHART

After reading that headline, I just can’t help but think of the following expression:

If TNB makes profit, electricity users make losses;
electricity users make profit, TNB make loses.

How much cost-cutting can you still do? I believe it’s always more cost-efficient to simply increase the tariff than to figure which part of the system needs a little fine-tuning.

The Star Online on TNB’s 52% Profit Net Profit…

Tenaga Nasional Bhd (TNB) reported a big jump in profit for its financial year ended Aug 31, thanks to the ongoing cost-cutting measures and the increase in power tariffs.

What do you think?

Well, unless you own some TNB stocks, you might think otherwise.

Again, it’s such a dilemma. As a listed entity, you must be answerable to your shareholders but at the same time, being the country ONE and ONLY electricity provider, shouldn’t you also be answerable to the electricity users (read: the entire population who might not be the shareholders of TNB, including myself)?

Hmm…talk about Corporate Social Responsibility.





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  • moo_t
    Either head of tails, those not joining the TNB cronies team will loss.

    Cost cutting MY A$$. TNB has make billions of FAILURE investment all around the world in recent year. They almost enter into a RM 1 billions Indonesia scam coal deals early this year.
  • ShadowFox
    Note to readers. The reason why Vincent is intellectually wanking in this post is very simple. His good friend, minishorts, works as PR at TNB. These bunch of people will do anything to side with each other. These beneficiaries of the government system will do anything, including whoring for them to help defend the government's actions. These so called femes 'bloggers' are each other's cronies, they defend their own reasonings over true sentiments of the public. They serve themselves and their Government Linked Employers.

    And as for CSR, intellectual wanker boy Vincent Lau Abdullah should do well reading this link before trying to 'redefine' it. http://en.wikipedia.org/wiki/Corporate_social_r...
  • This is funny.

    I was under the impression that Corporate Social Responsibility was meant to help poor kids or under privilleged citizens, not middle class urbanites sitting at home blogging with their broadband Internet connection.
  • SK
    When TNB makes profit, can we think of wealth creation too?

    Read Robert Kiyosaki in his latest edition with Donald Trump, seek the another source of light, read the lips of Robert.
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