Perak Water Board RM10 Million Profit

Menteri Besar and Chairman of the Perak Water Board, Dato’ Seri DiRaja Dr Zambry Abd Kadir chaired a meeting of the board recently and made the following announcement after the meeting.

Revenue from the sale of water, he said, had increased from RM299.70 million at year-end December 31, 2013 to RM309.84 at year-end December 31, 2014, a difference of RM10.14 million.

The total estimated net profit before tax rose to RM24.62 million from RM97.12 million in Financial Year 2013 to RM121.73 million in Financial Year 2014, an increase of 25.3 per cent.

The consumption rate of water has increased from 304.79 million litres at December 31, 2013 to 313.21 million litres at December 31, 2014.

The number of account-holders too has increased from 710,267 at December 31, 2013 to 726,929 at December 31, 2014. This represents an increase of 2.3 per cent.

During eight years of the provision of subsidies for the poor in the state, the Perak Water Board has spent a sum of RM5,806,295. A total of 11,064 families have benefited from the scheme as at March 12, 2015.


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