News Formal

ComfortDelGro 2Q earnings inches up 1.2% to $75.9m

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

SINGAPORE - Transport giant ComfortDelGro Corp posted a 1.2 per cent rise in earnings to $75.9 million for the second quarter, with higher public transport takings and contributions from new acquisitions offset by lower investment income, higher financing charges and unfavourable exchange rates.. Read more at straitstimes.com.

SINGAPORE - Transport giant ComfortDelGro Corp posted a 1.2 per cent rise in earnings to $75.9 million for the second quarter, with higher public transport takings and contributions from new acquisitions offset by lower investment income, higher financing charges and unfavourable exchange rates.

Margin before tax, interest and depreciation improved to 22.6 per cent, from 22 per cent same quarter last year.Chief executive Yang Ban Seng said:"Despite an intensely competitive operating environment and growing global economic uncertainty, we continued to grow the business in the second quarter of this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Saudi Aramco to buy Reliance stake, reports 12per cent earnings slideSaudi Aramco, the world's top oil producer, reported first-half net income of US$46.9 billion on Monday, down from US$53.02 billion a year earlier.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Saudi Aramco aims to buy Reliance stake, reports lower earningsSaudi Aramco is planning a multibillion dollar investment in India's Reliance Industries as the energy giant diversifies its oil business, where ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »