Ranhill SAJ sees slower growth

TheStar Mon, Sep 28, 2020 08:30am - 3 years View Original


Ranhill SAJ CEO, Nor Ifuan Md Nor, (pic) said this was due to reduced consumption as most of the industrial sectors in the state were not operating during the period.

JOHOR BARU: Johor’s water supplier Ranhill SAJ recorded a 20% revenue reduction during the implementation of the movement control order (MCO) in May this year.

Its chief executive officer, Nor Ifuan Md Nor, (pic) said this was due to reduced consumption as most of the industrial sectors in the state were not operating during the period.

“At the outset of the MCO, the income reduction was quite significant, as factories in many sectors might have been closed then. Only lately when the factories returned to normal operations did the income reduction go down to only 5%, ” he told a press conference after Ranhill SAJ’s Health Day programme here yesterday.

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