SBS Transit's Q3 profit rises 43.2% to S$7.8m
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Singapore
SBS Transit's net profit for the third quarter ended Sept 30 jumped 43.2 per cent to S$7.8 million, mainly on its bus segment's lower fuel costs and lower depreciation, although this was offset by lower bus revenue and higher staff costs.
Third-quarter revenue rose 4.8 per cent to S$274.7 million from the same period a year ago.
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