ComfortDelGro's Q2 profit rises 9.9% to S$75.7m

Broad-based growth with revenue crossing billion-dollar mark

Published Wed, Aug 13, 2014 · 10:00 PM
Share this article.

NET profit at ComfortDelGro rose 9.9 per cent to S$75.7 million for the second quarter ended June 30, 2014, as group revenue grew 11.9 per cent to a record S$1.016 billion - the first time it has crossed the S$1 billion mark.

The land transport giant said growth was broad-based, with all business segments contributing to the increase. The actual revenue growth of $97.5 million was boosted by a positive foreign currency translation of $10.4 million due to the stronger pound sterling.

The group's overseas operations accounted for 41.2 per cent of revenue - up from 38.9 per cent in the corresponding period a year ago. Q2's overseas operating profit accounted for 50.7 per cent of group operating profit, up from 46.8 per ce…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to

Companies & Markets


Get the latest coverage and full access to all BT premium content.


Browse corporate subscription here