Arah.my

WCEs’ 4Q loss narrows sharply on toll revenue surge and construction boost

WCE Holdings Bhd reported a significantly narrower net loss of RM13.64 million for the fourth quarter ended March 31, 2025, compared to a RM60.76 million loss a year ago, driven by lower interest costs and stronger toll revenue.

Quarterly revenue soared 247.5% to RM318.13 million, fueled by higher toll collections and intensified construction activity following the opening of key West Coast Expressway sections.

Construction revenue jumped 164% as WCE Maju’s project execution accelerated.

For the full year, WCE recorded a wider net loss of RM138.64 million despite a revenue increase to RM629.1 million.

The group remains optimistic about future operational improvements and profitability as the final sections of the expressway near completion, signaling a positive outlook ahead. — TMR

RELATED ARTICLES

Thursday, March 27, 2025

Aidilfitri: Traffic building up on WCE, over 170,000 vehicles set to ply expressway daily

Tuesday, August 29, 2017

WCE to spend RM1.5b for West Coast Expressway in 2017

Monday, July 10, 2023

WCE Section 11 Beruas-South Taiping to open by year end

Monday, March 24, 2025

140,000 vehicles expected to ply WCE during Aidilfitri

Wednesday, February 28, 2024

Construction of WCE Section 11 reaches 99.33%

Friday, March 28, 2025

WCE expects over 75% vehicle increase in conjunction with Aidilfitri

The post WCEs’ 4Q loss narrows sharply on toll revenue surge and construction boost appeared first on The Malaysian Reserve.

You may also like