Litrak Q2 net profit at RM37mil

TheStar Fri, Nov 26, 2021 09:50am - 2 years View Original


“The group recorded lower tollable traffic volume in the current quarter as a result of the imposition of the enhanced movement control order from July 3, 2021 to July 16, 2021, due to record high numbers of daily Covid-19 infection cases,” said the highway concessionaire.

KUALA LUMPUR: Lingkaran Trans Kota Holdings Bhd’s (Litrak) net profit for the second quarter (Q2) ended Sept 30, eased to RM37.48mil from RM70.77mil recorded in the same period last year.

In a filing with Bursa Malaysia yesterday, it said revenue also slipped to RM77.54mil from RM123.60mil previously.

“The group recorded lower tollable traffic volume in the current quarter as a result of the imposition of the enhanced movement control order from July 3, 2021 to July 16, 2021, due to record high numbers of daily Covid-19 infection cases,” said the highway concessionaire.

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