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SBS Transit
Results
SBS Transit reports higher revenue but lower earnings, plans interim dividend of 5.45 cents
The tight labour market and the spike in energy prices remain as key challenges
August 10, 2022
Broker's Calls
'Hold' SBS Transit with recovering ridership, uncertain bus packages: DBS
DBS analysts say they were were previously “overly conservative” on SBS Transit’s EBIT margin.
June 13, 2022
Results
SBS Transit reports 33.5% lower profit after tax of $15.5 mil in 1QFY2022
In its update, SBS revealed that the fare increase of 2.2% from Dec 26, 2021, was unable to cover the rising electricity costs.
May 13, 2022
New appointments
SBS Transit appoints CEOs for Bus Business and Rail Services segments
The new appointments are part of a series of leadership changes that kicked off on April 1.
April 01, 2022
New appointments
SBS Transit CEO is ComfortDelGro's new group deputy CEO
ComfortDelGro has appointed Cheng Siak Kian to its newly created position of group deputy CEO.
March 16, 2022
Broker's Calls
CGS-CIMB is optimistic on SBS Transit's post-Covid-19 prospects
As Singapore moves towards an endemic, CGS-CIMB is upbeat on SBS Transit's prospects.
March 02, 2022
Results
SBS Transit reduces operating loss, proposes final dividend of 2.45 cents
"While things may have improved compared to 2020, we are certainly not out of the woods."
February 23, 2022
Capital markets
SBST Rail increases issued and paid-up share capital to $100 million, announces changes in board and management
SBST Rail has increased its issued and paid-up share capital to $100 million from $5 million.
December 16, 2021
Results
Government relief buoys SBS Transit's 3Q21 profits
3QFY2021 operating profit came in at $0.17m before government relief.
November 11, 2021