PETALING JAYA: West Coast Expressway (WCE) toll concessionaire, WCE Holdings Bhd
, expects to achieve positive cash flow and breakeven by financial year 2030 (FY30).
This follows the full completion of the WCE with the opening of sections three, four and seven in Selangor, which is targeted for completion by the first quarter of 2027.
In the first quarter ended June 30 of financial year 2027 (1Q27), WCE Holdings trimmed its net loss to RM24.5mil from RM25.33mil a year earlier, driven by growth in toll revenue following more operational sections in WCE.
Revenue for the quarter fell 64.25% to RM140.8mil from RM393.8mil previously, mainly due to lower construction revenue as the highway progresses towards completion. — Bernama
