SBS Transit reports earnings of $31.1 mil for 1HFY2025, down 7.7% y-o-y

SBS Transit has reported a 7.7% y-o-y decline in earnings for the 1HFY2025 ended June 30, of $31.1 million.

The group’s revenue for 1HFY2025 declined 4.5% y-o-y to $745.9 million, and operating profit declined 1.7% y-o-y to $34.1 million.