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ComfortDelGro earnings down 8.2% in Q3

Christopher Tan

Christopher Tan

Published Fri, Nov 10, 2017 · 09:50 PM

Singapore

TRANSPORT giant ComfortDelGro Corp posted an 8.2 per cent drop in net earnings to S$80.1 million for the third quarter, with its core taxi business dented by private-hire competition.

Revenue slipped by 2.4 per cent to S$991.4 million, with the taxi division accounting for the bulk of the fall.

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