ComfortDelGro's profit falls 12.6%; CEO warns of fallout from virus outbreak
Add BT as a preferred sourceSingapore
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.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
From post-war hardships to ‘era of national rise’: Vietnam’s family firms face first succession test
‘We’re not a bubble tea brand’: Chagee aims to double Asia-Pacific footprint to 600 stores by 2027
