Litrak’s Q2 net profit goes up slightly to RM60.5 mil

Litrak’s Q2 net profit goes up slightly to RM60.5 mil

The highway concessionaire tells Bursa it has lower revenue due to reduced traffic along the Damansara-Puchong Highway.

litrak.com.my pic.
KUALA LUMPUR:
Highway concessionaire Lingkaran Trans Kota Holdings Bhd has chalked up a slightly higher net profit of RM60.57 million in the second quarter ended Sept 30, 2018, from RM60.08 million recorded in the same quarter a year ago.

Revenue declined to RM132.28 million from RM134.75 million previously, it said in a filing with Bursa Malaysia.

“The lower revenue was mainly due to reduced traffic plying the Damansara-Puchong Highway (LDP),” it said.

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