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SBS Transit reports FY2020 earnings of $79.0 mil, thanks to government grants of $109.8 mil

Felicia Tan
Felicia Tan • 2 min read
SBS Transit reports FY2020 earnings of $79.0 mil, thanks to government grants of $109.8 mil
A first and final dividend of 6.30 cents has been proposed for 2020, compared to total dividends of 13.05 cents in 2019.
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SBS Transit has reported earnings of $79.0 million for the FY2020 ended December, 2.9% lower than earnings of $81.3 million in FY2019.

This translates to earnings per share (EPS) of 25.32 cents for FY2020, compared to 26.07 cents in FY2019.

Operating profit stood 22.7% lower y-o-y at $80.0 million.

TAGS
SBS Transit
FY2020 results
Covid-19
public transport services
Commercial Services

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