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Meanwhile, Felix noted that WCE’s financials have been improving in line with the opening of more sections of the West Coast Expressway.
In the first nine months of the financial year ending March 31, 2024 (9M24), the highway’s toll collection hit a new high at RM39.9mil, or 23% higher year-on-year (y-o-y).
The higher toll collection, coupled with the increased construction work activities under the toll concession segment, lifted the group’s total revenue by nearly 40% y-o-y to RM524.2mil in 9M24.
This counter will not move up in the short term cos their debt is far too high!! also high way traffic increases slowly. Maybe aboe to see improved earning after all highway are open to public!
