SBS Transit reported FY 2025 revenue of SGD 1.52 billion (-2.7%), with operating profit of SGD 68.1 million (-6.9%) and net profit attributable to shareholders of SGD 61.2 million (-13.0%). EBITDA was SGD 150.6 million (-6.0%) and EPS was 19.59 cents (-13.0%). Operating costs fell to SGD 1.45 billion (-2.5%), mainly due to lower fuel and electricity costs, partly offset by higher rail licence charge and higher staff costs. In Public Transport Services, FY 2025 revenue declined to SGD 1.45 billion (-3.0%), mainly due to lower bus revenue following the loss of the Jurong West bus package from September 2024, partially offset by higher rail revenue on higher average fares and ridership. Average daily ridership rose on the North East Line to 602,000 (+2.2%) and Downtown Line to 470,000 (+1.1%), while Sengkang-Punggol LRT fell to 157,000 (-2.6%). Other Commercial Services revenue increased to SGD 62.8 million (+5.1%) on more digital advertising campaigns. SBS Transit proposed a final tax-exempt one-tier dividend of 8.66 cents per share and a special tax-exempt one-tier dividend of 31.99 cents per share; together with the interim dividend of 8.95 cents, total FY 2025 dividend would be 49.60 cents per share (payout ratio: 253%) if approved. The company said bus operations revenue is expected to decline following the loss of the Tampines Bus Package from July 2026, while rail revenue is expected to grow due to the fare adjustment effective 27 December 2025 and sustained ridership increases.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SBS Transit Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 9JEDB3KL33RAV4RK) on February 24, 2026, and is solely responsible for the information contained therein.