TNB Q3: 70,000 Households Switch to Flexible Pricing as Earnings Hit RM3.2b

Tenaga Nasional Berhad (TNB) has released its financial results for the third quarter of 2025, reporting steady earnings supported by foreign exchange gains and consistent electricity demand.

The utility giant also provided updates on its infrastructure rollout, highlighting the adoption of its Time of Use (ToU) scheme and the commercial performance of its electric vehicle (EV) charging network.

TNB reported earnings of RM3.2 billion, stating that the results met market expectations for stable performance across the first three quarters of 2025. Key financial drivers for the period included:

TNB continued its capital expenditure (Capex) program to maintain grid reliability, investing RM3.1 billion in Q3 alone. This brings the year-to-date cumulative Capex to RM8.3 billion.

Additionally, the Automatic Fuel Adjustment (AFA) mechanism remains in place, which TNB states has facilitated cost recovery and provided collective customer savings of over RM250 million.

The utility provided operational updates regarding its transition toward digitalised grid management and green mobility infrastructure:

TNB disclosed its Corporate Social Responsibility (CSR) spending for the period between January and September 2025. Major allocations included:

TNB President and CEO Datuk Megat Jalaluddin Megat Hassan stated that the group remains focused on digital and operational strengthening. “Our commitment is clear and resolute: we will continue to take every necessary step, with discipline and responsibility, to meet evolving customer needs,” he said.