SBS Transit's Q2 net profit up 57.2%

SBS Transit's second-quarter net profit rose 57.2 per cent to S$4.96 million, from S$3.16 million a year ago.

A tax-exempt one-tier interim dividend of 1.25 cents per ordinary share was declared, payable on Aug 27. This compares with 0.90 cent for the previous corresponding period.

For the quarter under review, revenue rose 12.3 per cent, from $209.34 million to S$235.13 million.