During the quarter, CDG’s public transport business reported revenue of $814.5 million, 7.2% higher y-o-y. Operating profit rose by 2.7% y-o-y to $37.7 million thanks to fare incrases and higher rail ridership in Singapore, the renewal of the UK Metroline London public bus contracts at improved margins, as well as reimbursements from Metroline Manchester in 1QFY2025. The group’s Australia performance was “broadly stable”.
ComfortDelGro has reported patmi of $40.5 million for the 1QFY2026 ended March 31, 16.14% lower y-o-y, amid a “challenging start” to 2026.
Revenue, however, was up by 5.13% y-o-y to $1.23 billion driven by long-term contracts from the group’s public transport segment, offset by “challenges” from its taxi/private-hire vehicle (PHV) arm. Revenue from the group’s overseas markets made up 52.6% of the total sum.
