Revenue from Toll Collection of the West Coast Expressway Increases by 144% Year-on-year
Klang, 26 Feb 2025 – WCE Holdings Berhad (“WCEHB”) today released its financial results for the third quarter ended 31 December 2024 (3Q FY2025).
Klang, 26 Feb 2025 – WCE Holdings Berhad (“WCEHB”) today released its financial results for the third quarter ended 31 December 2024 (3Q FY2025).
WCE Holdings Berhad (WCEHB) hari ini mengeluarkan keputusan kewangannya untuk suku ketiga berakhir 31 Disember 2024 (S3 TK2025).
KUALA LUMPUR, Feb 26 (Bernama) — WCE Holdings Bhd, the concessionaire of the West Coast Expressway (WCE) project, logged a wider net loss of RM88.56 million for its third quarter (3Q) ended Dec 31, 2024, amid interest costs incurred for completed sections, which amounted to RM55.4 million in the quarter.
KUALA LUMPUR: WCE Holdings Bhd’s net loss widened to RM88.56 million in the third quarter (Q3) from RM22.39 million a year ago due to higher interest costs for completed sections.
KUALA LUMPUR: WCE Holdings Bhd (WCEHB) menerusi anak syarikat dengan pegangan 80 peratus, West Coast Expressway Sdn Bhd mencatatkan pertumbuhan ketara hasil kutipan tol sebanyak RM32.6 juta bagi tempoh suku ketiga yang berakhir pada 31 Disember 2024, melonjak 144 peratus berbanding RM13.4 juta pada suku sama tahun kewangan sebelumnya.
PETALING JAYA: WCE Holdings Bhd expects additional sectional toll revenue to further improve the future financial performance of the group.
KLANG: WCE Holdings Bhd announced that one of its substantial shareholders, United Frontiers Holdings Limited (UFHL) has exercised 46,707,560 warrants into new ordinary shares, at a price of 39 sen per warrant share.
Menurut WCE, peningkatan tersebut didorong oleh kenaikan purata trak harian sebanyak 115% berikutan pembukaan Seksyen 6 (Bandar Bukit Raja Utara-Assam Jawa) dan Seksyen 11 (Beruas – Taiping Selatan) pada FY2024.