Revenue for its Public Transport Services and Other Commercial Services segments fell 15.7% y-o-y and 45.5% y-o-y for the 3QFY2020.
Public transport operator SBS Transit has reported earnings before interest, taxes, depreciation and amortisation (EBITDA) of $46.1 million for the 3QFY2020 ended September, down 10.3% from the $51.4 million reported a year ago.
Revenue for the quarter fell 17.0% y-o-y to $302.0 million mainly due to lower service fee, lower rail ridership and lower advertising revenue.
