Often, companies which are able to identify and carve out a niche for themselves, are able to do well for themselves, and their shareholders. Penguin International, which specialises in the design, construction, owner and operator of aluminium high-speed craft, has been named the company with the best shareholders’ returns for this Centurion Club sector.
SBS Transit, Singapore’s iconic bus operator, has been named overall winner for the transport industry sector of the Centurion Club. In addition, the company has been named winner for best weighted return on equity for this industry sector too. During the lockdown period earlier this year, the company’s ridership has been affected.
SBS Transit, a subsidiary of land transport giant ComfortDelGro, today runs more than 200 bus services and operates a fleet of some 3,000 buses. In addition, it runs the NorthEast MRT Line, which is the world’s first fully automated, underground heavy rail system as well as the Downtown Line. At 42-km long, this line with 34 stations is the longest underground line in the city-state. During the three-year evaluation period, SBS Transit scored a return on equity ranging between 10.87 times and 16.91 times, and the weighted return on equity was 15.17 times.
