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SBS Transit posts 70% higher FY18 earnings of $80 mil on revenue surge

Michelle Zhu
Michelle Zhu • 3 min read
SBS Transit posts 70% higher FY18 earnings of $80 mil on revenue surge
SINGAPORE (Feb 12): SBS Transit announced earnings of $80.1 million for FY18, up 70% y-o-y from its FY17 earnings of $47.1 million due to higher revenue.
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SINGAPORE (Feb 12): SBS Transit announced earnings of $80.1 million for FY18, up 70% y-o-y from its FY17 earnings of $47.1 million due to higher revenue.

This brings the land transport operator’s earnings per share (EPS) on a fully diluted basis to 25.71 cents compared to 15.15 cents a year ago.

Group revenue for the full year came in 16.1% higher at $1.38 billion compared to $1.19 billion in FY17.

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