PETALING JAYA: PLUS Expressways Bhd’s third-quarter net profit fell 15.5% to RM241.76mil after traffic volume on its highways dropped during the period following a sharp fuel price hike in June.
“However, (traffic volume) has rebounded and showed signs of recovery in August and September partly due to the downward revision in fuel prices,’’ it told Bursa Malaysia yesterday.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
