Strong revenues boost NLEX income to P8.7B

By The Manila Times

Nov 25, 2024 12:13 am

TOLLWAY operator NLEX Corp.'s net income grew 22 percent in the first nine months of 2024, driven by strong revenues and prudent cost management resources.

The operator of the North Luzon Expressway (NLEx) and Subic Clark-Tarlac Expressway (SCTEx) netted P8.7 billion over January-September, up from P7.07 billion in the same period last year.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Cebu Pacific re-ceives 17th air-craft for 2024

Japanese retail firm eyes expansion in PH

ACEN extends maturity of P4.7-B Greencore loan

Lorenzo Shipping owner infuses P270M into firm

SM approaching 2025 with cautious optimism

Cosco, Siam Global terminate JV plans

Aboitiz units settle fines imposed by Energy dept