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SBS Transit's Q3 bottom line dragged down 5% by higher operating costs

Singapore

WEIGHED down by higher operating costs, SBS Transit reported a 5 per cent drop in net profit to S$5.46 million for the third quarter ended Sept 30.

Revenue increased 5.4 per cent year-on-year to S$262.01 million as revenues from both its bus and rail segments were higher

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