ConnectEast July traffic revenue up

Company News


ConnectEast Group (ASX:CEU) has reported increased traffic and revenue for July.

The toll road operator posted a 14.1% increase in average daily revenue to $592 thousand dollars in July compared to the same time last year.

Average daily trips grew 12.1% for the month with workday trips up 13.8%.

ConnectEast reported a loss of $531.6 million for the year to 30 June 2009.

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?