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SBS Transit's full-year profit up 27.8% at S$14.3m

The core bus operation on its own continued to suffer losses, with a loss of S$13.5 million incurred for 2014.


SBS Transit's net profit for the year ended Dec 31, 2014, grew 27.8 per cent to S$14.3 million from 12 months earlier mainly on its non-bus businesses, as revenue rose 12.2 per cent to S$951.0 million. No fourth quarter numbers were released.

SBST is the unit of land