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ComfortDelGro ekes out 0.6% rise in profit despite poorer taxi, automotive engineering performances
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Christopher Tan
Published Wed, Feb 13, 2019 · 09:50 PM
Singapore
TRANSPORT giant ComfortDelGro Corp posted a modest 0.6 per cent rise in net earnings to S$303.3 million for the year ended Dec 31, 2018 as weaker taxi and automotive engineering performances offset a strong public transport segment.
The absence of a special dividend from Australian unit Cabcharge and a drop in investment income also weighed on its bottom line.
