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Buses lift SBS Transit's 2015 earnings

Operating profits from buses jumped 78%, those from rail dived 62%


A SLEW of public transport initiatives is driving the bus operating profits of transport group SBS Transit, countering a slump in its rail earnings.

Net earnings of the group jumped 17 per cent to S$16.7 million for the year ended Dec 31, 2015, said SBS Transit after the...