SUBSCRIBERS
SMRT's Q2 profit up 75.5% at S$25.3m
Published Fri, Oct 31, 2014 · 09:50 PM
Singapore
SMRT Corp's net profit spiked up 75.5 per cent to S$25.3 million for the second quarter ended Sept 30 on improved performance in its train and bus operations, as well as higher profitability from its taxi, rental and advertising businesses.
Second-quarter revenue was 6.0 per cent higher at S$314.0 million compared to the same period a year ago.
Q2 operating profit rose 66.5 …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
BOJ will hike rates if trend inflation accelerates, says Ueda
Malaysia to build region’s largest chip design park in bid for top startup-hub status
British retailer JD Sports to buy US rival Hibbett for US$1.08 billion
Japan’s 7-Eleven convenience chain targets aggressive global growth
Renault Q1 sales rise 1.8%, helped by financing business
UBS lifts Chinese stocks to overweight in rare upgrade call