SBS Transit full-year net profit up 1.5% to S$81.3 million
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Singapore
TRANSPORT operator SBS Transit has posted a full-year net profit of S$81.3 million, up 1.5 per cent from the same period a year earlier.
Revenue for the 12 months ended Dec 31 was S$1.45 billion, up 4.5 per cent from 2018 on higher bus service fees, increased rail ridership as well as an upward revision in train fares that came into effect on Dec 29, 2018.
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