WCE Holdings’ loss widens by more than threefold in 3Q on higher interest costs

KUALA LUMPUR (Feb 26): Highway concessionaire WCE Holdings Bhd’s net loss has widened by more than threefold to RM22.39 million in its third financial quarter ended Dec 31, 2023 (3QFY2024), from RM6.77 million a year earlier, mainly due to an increase in interest expense incurred in relation to project financing for completed sections of the West Coast Expressway (WCE) project.

TRAFFIC MATTERS

TRAFFIC MATTERS > There will be a lane closure and traffic diversion on Jalan Tropicana Selatan 1 (opposite Merchant Square) to facilitate LRT3 project-related works from July 20 to Aug 31, daily from 10pm to 6am. For details, call 1-800-18-2585 > Jalan Kunci Air 2, Hujung Permatang in Kuala Selangor will be closed until March 14,2024, to facilitate construction works…