Tenaga Nasional Berhad Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags
Tenaga Nasional Berhad (KLSE:TENAGA) Full Year 2022 Results
Key Financial Results
Revenue: RM73.2b (up 39% from FY 2021).
Net income: RM3.46b (down 5.4% from FY 2021).
Profit margin: 4.7% (down from 7.0% in FY 2021). The decrease in margin was driven by higher expenses.
EPS: RM0.60 (down from RM0.64 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tenaga Nasional Berhad Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) missed analyst estimates by 24%.
Looking ahead, revenue is expected to decline by 9.8% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 2.9%.
Performance of the market in Malaysia.
The company's shares are down 4.4% from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with Tenaga Nasional Berhad (including 1 which makes us a bit uncomfortable).
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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