SUBSCRIBERS

SMRT Q4 profit up 27.6% at S$26.6m

Full-year S$7.4m operating profit from rail would have been a S$9.6m loss if not for net property tax refund

Published Thu, Apr 28, 2016 · 09:50 PM

Singapore

TRANSPORT operator SMRT Corporation on Thursday posted a 27.6 per cent rise in fourth-quarter net profit to S$26.6 million. This lifted net profit for the full year ended March 31 by 20.1 per cent to S$109.3 million, even as rail operations dragged on group earnings.

Revenue for the three months rose 2.8 per cen…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes