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SBS Transit full-year net profit up 1.5% to S$81.3 million

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...