ComfortDelGro's Q3 profit rises 2.5% to S$87.3m
Operating costs decline due to lower fuel and electricity costs, taxi driver benefits and insurance premiums
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Singapore
COMFORTDELGRO'S net profit for the third quarter ended Sept 30, 2016, rose 2.5 per cent to S$87.3 million even as group revenue fell 3.1 per cent to S$1.015 billion due to a negative foreign-currency effect.
The land transport giant said if not for the unfavourable translation effect of S$47.9 million due to the weaker pound and renminbi, group revenue would have increased by S$15.5 million.
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