NLEX Corp.'s net income in the first quarter grew 28 percent to P2.7 billion, from P2.09 billion last year, following increased traffic and toll rates.
The operator of the North Luzon Expressway (NLEx) and Subic Clark-Tarlac Expressway (SCTEx) said that operating revenues were derived mainly from toll fees at NLEx, SCTEx and the NLEx Connector.
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