N. Sembilan water concessionaire records net loss of RM1.2m as at July 2021, says MB | Malay Mail

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N. Sembilan water concessionaire records net loss of RM1.2m as at July 2021, says MB

SEREMBAN, Sept 7 — State water concessionaire Syarikat Air Negri Sembilan recorded a net loss of RM1.2 million from January to July 31, 2021, said Mentri Besar Datuk Seri Aminuddin Harun.

“The total water revenue includes RM159.3 million and other revenue of RM7.1 million,” Aminuddin said during the state legislative assembly here today. The mentri besar said the main expenses involved were water asset lease rental from Pengurusan Aset Air Bhd , electricity , staff emoluments , water supply and plant repairs , chemicals , and asset depreciation .

He added that the cost constraints were due to water pipes and asset repairs because assets over 50 years old require high costs for continuous repairs.

 

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