You are here

SMRT's Q1 profit down 10% to S$20m

SMRT Corporation's net profit for the first quarter ended June 30, 2015, slipped 10 per cent to S$20.13 million, hit by losses from its rail operations.

Revenue rose 7.8 per cent to S$320.3 million, from S$297.13 million in the same period last year.

SMRT is Singapore's main train operator and also runs a fleet of buses and taxis.

First-quarter earnings per share fell 10.2 per cent to 1.32 cents.

No dividend has been declared for the quarter under review.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes