PETALING JAYA: Perak Transit Bhd
’s new terminal Bidor Sentral is expected to generate revenue and earnings before interest and taxes of RM16mil and RM11.3mil, respectively, in the financial year 2024 (FY24), based on a conservative 50% occupancy rate assumption, according to TA Research.
It noted the management of the Ipoh-based transport terminal and bus operator had guided that Bidor Sentral is expected to receive the certificate of completion and compliance. Tenants could start moving in early 2024.
