SBS Transit's Q2 profit jumps 75.3% to S$12.71m
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Singapore
BUS contracting and higher rail ridership boosted SBS Transit's (SBST) net profit for the second quarter ended June 30 by 75.3 per cent to S$12.71 million, as revenue grew 7 per cent to S$287.8 million from the corresponding period a year ago.
SBST is the unit of land transport giant ComfortDelGro. It also operates a rail network.
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