ComfortDelGro's profit falls 12.6%; CEO warns of fallout from virus outbreak

Singapore

COMFORTDELGRO Corp managing director and group CEO, Yang Ban Seng, has warned that the group is facing new challenges brought on by the 2019 novel coronavirus (Covid-19) outbreak, just shortly after it had emerged from a year of consolidation and reorganisation.

"Our taxi, driving centre and bus station operations in China have been hit amidst measures to try and contain the spread," he said in a results statement on Friday.