Penang water firm makes big profit


GEORGE TOWN: The spat with Kedah over water supply aside, Penang’s water authority has announced a profit after tax (PAT) of RM28.98mil.

Chief Minister Lim Guan Eng, who is the PBA Holdings Bhd (PBAHB) chairman, announced that revenue increased by about 3.5% year-on-year in 2012.

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