SBS Transit Q2 profit up 52.9%

Singapore

BUS and train operator SBS Transit on Wednesday posted a 52.9 per cent increase in second-quarter net profit to S$19.4 million, fuelled by higher operated mileage and rail ridership.

For the three months ended June 30, earnings per share (EPS) stood at 6.24 Singapore cents, up from 4.09 Singapore cents last year.