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MCS Services Eyes Sale of Traffic Business Amid $1.23M Cash Boost
3:07pm on Thursday 1st of May, 2025 AEST
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Infrastructure Services
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MCS Services Eyes Sale of Traffic Business Amid $1.23M Cash Boost
3:07pm on Thursday 1st of May, 2025 AEST
Key Points
Cash and net receivables total $1.3 million as of 31 March 2025
Positive operating cash flow of $384,000 recorded for the quarter
Board continues to market Traffic Business subsidiary Highways Traffic Pty Ltd for sale
Multiple traffic management tenders lodged; results pending post-quarter
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