NLEX first quarter net profit rises 38% to P2.1B

By The Manila Times

Jun 26, 2023 12:20 am

NLEX Corp.'s net income grew by 40 percent in the first quarter of the year, driven by a recovery in volumes and higher tolls.

The operator of North Luzon Expressway (NLEx) and Subic Clark-Tarlac Expressway (SCTEx) earned P2.1 billion for January-March, up from P1.5 billion in the same period of last year.

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