Transport operator SBS Transit posted a 23.3 per cent increase in earnings to $20.7 million for the first quarter ended March 31 as better margins from bus contracts continued to flow in.
Revenue crept up by 6.9 per cent to $350.8 million, ahead of a 5.5 per cent rise in operating expenses to $324.5 million. Earnings per share rose from 5.39 to 6.63 cents. Net asset value per share stood at $1.64, up from $1.60 at the end of last year. SBST's profit margin before interest, tax and depreciation improved to 14.8 per cent, up from 13.6 per cent in the previous corresponding quarter.
Average daily ridership on the Downtown MRT Line grew by 10.4 per cent to 476,000 trips. Ridership on the more mature North East Line grew by 3.2 per cent to 603,000 trips. The SengkangPunggol LRT also saw a 10.4 per cent rise in ridership to 141,000 trips.
Can we have 23% improvement on punctuality too
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
SBS Transit's Q1 earnings up 23 per cent on better margins from bus contractsSINGAPORE - Transport operator SBS Transit (SBST) posted a 23.3 per cent increase in earnings to $20.7 million for the first quarter ended March 31 as better margins from bus contracts continued to flow in.. Read more at straitstimes.com.
مصدر: The Straits Times - 🏆 8. / 63 اقرأ أكثر »
SBS Transit's Q1 earnings up 23 per cent on better margins from bus contractsSINGAPORE - Transport operator SBS Transit (SBST) posted a 23.3 per cent increase in earnings to $20.7 million for the first quarter ended March 31 as better margins from bus contracts continued to flow in.. Read more at straitstimes.com.
مصدر: The Straits Times - 🏆 8. / 63 اقرأ أكثر »
Hot stock: ThaiBev shares tumble 11% in early trading after posting Q2 earningsSHARES in Thai Beverage Public Company Limited (ThaiBev) faced a heavy sell-off in the early session after posting second quarter results, where its bottom line fell 12 per cent to 5.79 billion baht (S$249.9 million). Read more at The Business Times.
مصدر: BusinessTimes - 🏆 15. / 51 اقرأ أكثر »
Wee Hur Q1 earnings halved on drop in property development incomeMAINBOARD-LISTED property group Wee Hur Holdings' earnings were halved in the first quarter, as turnover from the muted development segment fell. Read more at The Business Times.
مصدر: BusinessTimes - 🏆 15. / 51 اقرأ أكثر »
Parks push Disney earnings past Wall Street estimatesWalt Disney Co reported second-quarter profit and revenue that beat analysts' estimates on Wednesday, as more visitors flocked to its theme parks.
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »