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SMRT's Q4 profit jumps 23% to S$20.8 million

Friday, May 1, 2015 - 05:50

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SMRT posted a 23 per cent year-on-year increase in its fourth-quarter net profit to S$20.8 million, buoyed by higher ridership and average fare.

Singapore

SMRT posted a 23 per cent year-on-year increase in its fourth-quarter net profit to S$20.8 million, buoyed by higher ridership and average fare. This was on the back of group revenue climbing 7.5 per cent to S$311.2 million, due to a rise in income from both its fare and non-

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