Cypark WTE expansion to improve cash flows


Maybank IB made no changes to Cypark’s earnings forecasts.

PETALING JAYA: The higher tipping fee for Cypark Resources Bhd’s waste-to-energy (WTE) facility in Negri Sembilan is expected to enhance its recurring revenue and improve the cash flow profile of its WTE operations.

On Monday, Cypark said the government had revised the tipping fee for its WTE, effective from its completion date of April 2023.

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