Operating costs rose 9.5% to $854.5 million due to higher staff costs incurred from the support of SBS Transit’s Seletar Bus package, as well as higher mileages operating and new services & staff costs from newly-acquired subsidiaries, among others.
SINGAPORE (Sept 9): ComfortDelGro Corporation (CDG) posted $78.5 million in earnings for the 3Q ended Sept, representing a 2% decline from earnings of $80.1 million a year ago due to lower dividends received from its overseas subsidiary, Cabcharge Australia.
Revenue for the quarter grew 8.5% on-year to $967.9 million from $891.7 million, driven by increased contributions from new acquisitions.
