Revenue from the group’s taxi business fell 25.7%, while contributions from the public transport services segment fell 4.2%. Other segments such as automotive engineering services and inspection and testing services fell 22.3% and 0.8% respectively.
SINGAPORE (May 22): ComfortDelGro posted earnings of $36.0 million for 1QFY2020 ended March, some 48.9% lower than earnings of $70.4 million a year ago.
The decline came on the back of a 9% slide in revenue to $862.4 million from $947.3 million last year as all business segments booked declines due to the Covid-19 pandemic.
