KUALA NERANG: Tenaga Nasional Bhd (TNB), which reported a 13.7 per cent drop in unaudited revenue to RM43.98 billion in 2020, expects the figure to improve this year despite the COVID-19 situation still facing the country. "Electricity consumption was low in April, May and June last year during the MCO period, as many economic sectors were not operating. In tandem with the lower revenue, TNB also recorded a 20.7 per cent lower net profit of RM3.59 billion for the financial year ended Dec 31,2020. Mahdzir said despite the reduction in total revenue last year, the company continued to be committed to carry out its corporate social responsibility (CSR) to help the needy. "Today, about 4,000 students in Kedah received RM100 each under this programme, ” he said, adding that TNB had allocated RM3 million for its nationwide CSR programme this year.

Source: The Star March 07, 2021 09:22 UTC