Powered by contributions from new acquisitions, transport giant ComfortDelGro posted a 6.2 per cent increase in first-quarter earnings to $70.4 million for the period ended March 31.
The Singapore-listed group - which has operations in China, Australia and Britain - saw revenue rise by 7.8 per cent to $947.3 million.Earnings per share grew from 3.06 cents to 3.25 cents, while net asset value per share stood at 123.56 cents, up from 120.7 cents as at Dec 31 last year. Compared with the previous corresponding quarter, the margin for earnings before interest, tax, depreciation and amortisation inched up from 22 per cent to 22.5 per cent.
The revenue from its public transport division grew by 11.6 per cent to $684.9 million, driven mainly by contributions from new acquisitions in Australia and Britain, higher fees earned for its government bus contracts, and higher ridership and fares from its rail services here.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
SBS Transit posts 23.3% increase in earningsTransport 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. Revenue crept up by 6.9 per cent to $350.8 million, ahead of a 5.5 per cent... Can we have 23% improvement on punctuality too
Herkunft: thenewpaper - 🏆 7. / 63 Weiterlesen »
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.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »
Olam Q1 earnings up 6.9% to S$168.9mAGRI-FOOD company Olam International's first-quarter net profit increased 6.9 per cent to S$168.9 million, from S$158 million for the year ago period as its improved operating performance was partly offset by higher depreciation and finance costs. Read more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »
'The numbers speak for themselves', Singtel CEO says after full-year earnings slideSINGTEL management took the group’s sprawling portfolio through its paces at an hour-long earnings briefing on Wednesday morning, after the mainboard-listed telco posted a 21.4 per cent drop in full-year earnings - shorn of one-off items - to S$2.83 billion. Read more at The Business Times. Singtel A
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »
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.
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »
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.
Herkunft: The Straits Times - 🏆 8. / 63 Weiterlesen »
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.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »
Disney parks lift earnings, streaming date for 'Avengers: Endgame' announcedWalt Disney Co reported second-quarter profit and revenue that beat analysts' estimates on Wednesday, as more visitors flocked to its theme parks.
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »
Pressure on yuan may boost earnings for some SGX firmsFADING hopes of a US-China trade resolution have hit China's currency, with some banks revising their forecasts for the currency lower as the yuan slumped to a four-month low on Monday. Read more at The Business Times. SGX waw
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »