GEORGE TOWN: The cost of operating the ferry service in Penang exceeds the ticket revenue, resulting in an annual loss of approximately RM14mil, the state legislative assembly was told on Monday.
Infrastructure, Transport, and Digital Committee chairman Zairil Khir Johari said that despite the losses, Penang Port Sdn Bhd (PPSB) continues to implement ongoing improvements and upgrades to ensure the best ferry service for users.
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