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SBS Transit posts record earnings; hikes dividend
Government bus contracts help it record a 70% surge in net profit to S$80.1m
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Christopher Tan
Published Tue, Feb 12, 2019 · 09:50 PM
Singapore
NEW government bus contracts introduced last year drove earnings sharply north for transport operator SBS Transit (SBST).
The ComfortDelGro subsidiary posted a 70 per cent surge in net profit to a record S$80.1 million, it reported on Tuesday.
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