NLEX Corp. grew its nine-month profit to P4.58 billion on sustained traffic growth across North Luzon Expressway and Subic-Clark Tarlac Expressway.
NLEX Harbor Link C3-R10 eyed for completion by January 2020
Total revenues rose 15% to P11.2 billion.
NLEX taps DM Consunji to construct P8B connector road
Average daily traffic for NLEX increased 6.3% to 266,888 daily vehicle entries, while average daily traffic in SCTEX rose 12.6% to 68,748.
NLEX on track to complete NLEX-SLEX connector road by 2021
NLEX traffic was boosted by the opening of Harbor Link Segment 10 last March.
NLEX builds P7.7B roads, bridges to help ease traffic jams
Revenues from advertising, toll services and utility facilities and rental and service income jumped 71% P229 million.