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Tenaga Warns Coal Cost Increases to Hurt Full-Year Earnings
Apr. 22, 2011 08:53AM PST
Industrial MetalsBloomberg reported that high coal prices are to blame for lower earnings by Tenaga (KUL:TENAGA).
Bloomberg reported that high coal prices are to blame for lower earnings by Tenaga (KUL:TENAGA).
The market news is quoted as saying:
Tenaga shares have fallen 10 percent this year, compared with the 0.5 percent gain in the benchmark FTSE Bursa Malaysia KLCI Index. They were unchanged at 6.03 ringgit at 10:49 a.m. in Kuala Lumpur.
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