ComfortDelGro's Q3 profit rises 5.3%
Singapore
BOOSTED by a broad-based increase in revenue, land transport giant ComfortDelGro reported a net profit of S$80.8 million for the three months ended Sept 30, 2014, up 5.3 per cent from S$76.7 million a year ago. Revenue grew 6 per cent to S$1.04 billion, from S$978.4 million a year ago.
"The results are in-line . . . they are boringly good, that's what we want," DBS Group Research analyst Andy Sim told The Business Times.
For the first nine months of the year, revenue was up 9 per cent to…
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