SBS Transit's Profit After Tax Declines 6% in Q1

MT Newswires

2025/05/12

SBS Transit's (SGX:S61) profit after tax for the first quarter of the year fell 6.2% to SG$15.9 million from SG$17.0 million a year earlier, according to a Friday filing with the Singapore Exchange.

Revenue declined 4.7% year over year to SG$373.8 million from SG$392.1 million, mainly due to lower revenue from public transportation services, which was offset marginally by other commercial services.

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