Bursa Alert
Global Market
NewsTenaga to miss earnings estimates
Page 1 of 1
Tenaga to miss earnings estimates
by hlk Thu 20 Oct 2011, 19:00
Tenaga Nasional Bhd, Malaysia’s biggest power producer, fell 1.6 percent to RM5.46.
The company’s full-year earnings due on Oct. 28 will miss consensus estimates on higher fuel costs, CIMB Holdings Bhd wrote in a report today.
Tenaga will report a loss for the second straight quarter and may post a loss in 2012 for the first time in more than a decade, Chief Executive Officer Che Khalib Mohamad Noh said in an interview on Oct. 18. -- Bloomberg
The company’s full-year earnings due on Oct. 28 will miss consensus estimates on higher fuel costs, CIMB Holdings Bhd wrote in a report today.
Tenaga will report a loss for the second straight quarter and may post a loss in 2012 for the first time in more than a decade, Chief Executive Officer Che Khalib Mohamad Noh said in an interview on Oct. 18. -- Bloomberg
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Highlight Malaysia's Jan exports down 0.6% on year to RM63.6b, miss estimates
» Kenanga lifts MRCB earnings estimates
» Hot Stock KLK a top loser after first half earnings miss expectations
» Apple blames quarterly miss on earnings on new model anticipation, economy
» Tenaga down on weaker 3Q earnings outlook
» Kenanga lifts MRCB earnings estimates
» Hot Stock KLK a top loser after first half earnings miss expectations
» Apple blames quarterly miss on earnings on new model anticipation, economy
» Tenaga down on weaker 3Q earnings outlook
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|