SBS Transit's full-year profit up 27.8% at S$14.3m

Singapore

SBS Transit's net profit for the year ended Dec 31, 2014, grew 27.8 per cent to S$14.3 million from 12 months earlier mainly on its non-bus businesses, as revenue rose 12.2 per cent to S$951.0 million. No fourth quarter numbers were released.

SBST is the unit of land transport giant ComfortDelGro and Singapore's biggest bus operator. It also runs a smaller rail network.