SMRT's Q2 profit jumps 75.5% to S$25.3m
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SMRT Corp's net profit spiked up 75.5 per cent to S$25.3 million for the second quarter ended Sept 30 on improved performance in its train and bus operations, as well as higher profitability from its taxi, rental and advertising businesses.
Second-quarter revenue was 6.0 per cent higher at S$314.0 million compared to the same period a year ago.
Q2 earnings per share rose to 1.7 Singapore cents, up from 0.9 cent in the previous corresponding period.
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