ComfortDelGro Corporation Ltd posted a 9.4% year-on-year rise in profit after tax and minority interests to S$230.3 million for the 12 months ended 31 December 2025, as a 13.0% jump in revenue to a record S$5.06 billion offset inflationary pressures and competitive headwinds. Management attributed the improvement mainly to stronger contributions from newly secured and renewed public-transport contracts overseas.
Earnings per share increased 9.4% to 10.63 Singapore cents. The board proposed a final dividend of 4.59 Singapore cents a share, bringing the total FY2025 payout to 8.50 cents and maintaining an 80% payout ratio.
Public Transport, the largest contributor, lifted operating profit 15.1% YoY to S$149.5 million, helped by higher-margin renewals for London bus routes and the start-up of Metroline Manchester early in the year. Taxi and Private Hire earnings grew 4.4% on a full-year contribution from UK-based Addison Lee, while operating profit from Inspection & Testing Services surged 56.1% as the Singapore ERP 2.0 on-board unit programme hit peak installation volumes.
The company said international operations accounted for 55.3% of total revenue and 44.7% of operating profit, up from 49.1% and 34.9% respectively in FY2024, underscoring the impact of recent acquisitions and contract wins in the UK, Australia and Sweden.
Management cautioned that competition in the consumer ride-hailing space will keep pressure on the B2C taxi market, while contributions from Singapore’s ERP 2.0 installation work are expected to taper after 2025. The group also highlighted potential foreign-exchange and interest-rate volatility stemming from geopolitical and trade tensions.
ComfortDelGro is deepening its public-transport footprint through participation in new bus franchises in Liverpool and West Yorkshire, gearing up for full-year revenue from zero-emission bus contracts in Victoria and the Stockholm Metro, and bidding—via a consortium with RATP Dev—for the Copenhagen Metro. It is also pursuing autonomous-vehicle pilots in Guangzhou, Singapore and London as part of a wider plan to build a scalable AV ecosystem.
Group CEO Cheng Siak Kian said the S$5 billion revenue milestone reflected disciplined execution of the international growth strategy and operational rigour, adding that investments in smart and sustainable mobility, including autonomous vehicles and AI, are expected to sharpen competitiveness. Chairman Mark Greaves noted that strengthened public-transport and point-to-point pillars support the company’s aim of delivering long-term shareholder value while it maintains a disciplined approach to expansion.