ComfortDelGro 1Q earnings up 12% to $82.5 mil on one-off gain

SINGAPORE (May 12): ComfortDelGro saw earnings for the first quarter ended March increase by 12.4% to $82.5 million, from $73.4 million a year ago.

This was mainly attributable to a $10.5 million increase in net income from investments to $13.7 million, due to $11.1 million in special dividends from Cabcharge Australia, offset by a decrease in interest income of $0.6 million.