The concession segment saw toll collection revenue surge 107% year-on-year.
PETALING JAYA: WCE Holdings Bhd
, the operator of the 233km West Coast Expressway, expects to move closer to profitability as more sections of the expressway open, boosting toll revenue and easing the impact of financing costs.
The group said its outlook is supported by the continued ramp-up in sectional toll revenue and the scheduled opening of the remaining three sections: Section 3 (Shah Alam Expressway-Federal Highway Route 2), Section 4 (Federal Highway Route 2-New North South Klang Straits Bypass) and Section 7 (Assam Jawa-Tanjung Karang)
