The company's full-year net profit fell 36.1 percent. It also booked a foreign exchange translation loss of 288.8 million ringgit.
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Friday, October 17, 2008
Breaking News-RTRS-Malaysia's Tenaga posts Q4 loss on costs, FX losses
KUALA LUMPUR, Oct 16 (Reuters) - Malaysia's biggest power company, Tenaga Nasional , reported a 282.9 million ringgit ($80.23 million) fourth-quarter loss, due to higher coal prices and other operating costs as well as foreign exchange losses.
The company's full-year net profit fell 36.1 percent. It also booked a foreign exchange translation loss of 288.8 million ringgit.
The company's full-year net profit fell 36.1 percent. It also booked a foreign exchange translation loss of 288.8 million ringgit.