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SBS Transit's Q1 profit up 26.6% to S$10.2m

Singapore

THE bus contracting model and higher rail ridership powered SBS Transit ahead in the first quarter ended March 31, with its net profit jumping 26.6 per cent to S$10.2 million.

Revenue rose 7.6 per cent to S$283.4 million compared with the same period a year ago.

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