ComfortDelGro

INSIDE INSIGHTS

AGT raises Nam Cheong stake; Silchester increases holdings of ComfortDelGro

[SINGAPORE] Over the five trading sessions from May 22 to 28, 22 primary-listed companies conducted buybacks with a total consideration of S$88.9 million.

The transport player’s net profit fell 16.1 per cent to S$40.5 million in the first quarter ended Mar 31, amid challenges in the taxi and private-hire vehicle business.
BROKER’S TAKE

UOBKH downgrades ComfortDelGro to ‘hold’ as Q1 earnings disappoint

Brokerage slashes target price for the land transport operator by 15% to S$1.54

The company believes that it has “adequate" cash and facilities for fleet investments and electrification.

Middle East war hits ComfortDelGro’s UK taxi business; Q1 profit down 16.1%

However, its public transport segment shows improvement with revenue up 7.2%

CMAC's Ashley Seed says that airlines pulling back on flight schedules "puts huge pressure on the operational complexities of the market".

ComfortDelGro’s CMAC eyes Asia expansion as flight disruptions become more frequent

The UK-based company could now target new clients in Singapore and Australia

The global benchmark Brent crude surged to reach US$119.5 per barrel in early trading on Monday.

From Shell to Singapore Airlines: the potential winners and losers as volatile oil prices hover under US$100

Transport companies’ profit margins take a hit while developed and emerging markets in Asia-Pacific face spillovers

ComfortDelGro has proposed a final dividend of S$0.0459 per share, which takes the total dividend for the year to S$0.0850 per share.

ComfortDelGro H2 earnings up 7.9% at S$124.3 million; full-year revenue hits record S$5 billion

Revenue reflects focused execution of its international growth strategy, says managing director and group CEO Cheng Siak Kian