Malaysia's Khazanah aims for record $1.2 billion profit after first loss in a decade [Reuters]
TENAGA NASIONAL BERHD ADR (TNABY)
NASDAQ:AMEX Investor Relations:
tnb.com.my/contact-us/investor-relations
Company Research
Source: Reuters
Malaysia's Khazanah aims for record $1.2 billion profit after first loss in a decade - Reuters 2 Min Read KUALA LUMPUR (Reuters) - Malaysia’s sovereign wealth fund Khazanah Nasional Bhd said on Monday it is targeting a record pretax profit of least 5 billion ringgit ($1.2 billion) this year after posting its first loss in a decade in 2018. “For this year, we hope to achieve profitability of at least 5 billion ringgit,” Shahril Ridza Ridzuan, Khazanah’s managing director, said in brief comments to reporters at the fund’s annual conference. Shahril did not elaborate on the reasons for the stronger outlook. Last year Khazanah swung to a pretax loss of 6.3 billion ringgit from a profit of 2.9 billion ringgit in 2017, hit by higher impairments and lower dividend income. Shahril also said the fund was on track to achieve this year’s target of cutting debt to 47-48 billion ringgit from 50 billion ringgit. He added that over the 3-5 years, the fund is aiming to reduce debt to 40 billion ringg
Show less
Read more
Impact Snapshot
Event Time:
TNABY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TNABY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TNABY alerts
High impacting TENAGA NASIONAL BERHD ADR news events
Weekly update
A roundup of the hottest topics
TNABY
News
- MALAYSIA STRENGTHENS SUSTAINABILITY FOOTHOLD AT COP29 AS COUNTRY ASSUMES ASEAN CHAIR IN 2025 [Yahoo! Finance]Yahoo! Finance
- MALAYSIA DRILLS DOWN 7 KEY FOCUS AREAS FOR UPCOMING UNFCCC-COP29 BAKU [Yahoo! Finance]Yahoo! Finance
- Institutional investors are Tenaga Nasional Berhad's (KLSE:TENAGA) biggest bettors and were rewarded after last week's RM2.9b market cap gain [Yahoo! Finance]Yahoo! Finance
- Malaysia Construction Report, H2 2024: Output to Expand by 7.4% in Real-terms this Year, Supported by Transport Infrastructure and Renewable Energy Investments - Forecasts to 2028 [Yahoo! Finance]Yahoo! Finance
- Investing in Tenaga Nasional Berhad (KLSE:TENAGA) three years ago would have delivered you a 70% gain [Yahoo! Finance]Yahoo! Finance