Sbs Transit - 3rd quarter results update is out. Total Revenue is down 2.4 percent to 386m. NET profit is down 20.6 percent to 14.45m.
3rd Quarter 2025 vs
3rd Quarter 2024
• Revenue ↓ $9.67m
▪Public Transport Services ↓ $11.20m due mainly to lower service fee for bus
resulting from loss of Jurong West package from September 2024 coupled with lower
fuel indexation, partially offset by higher rail fare revenue; and
▪Other Commercial Services ↑ $1.53m due mainly to higher advertising revenue.
• Operating costs ↓ $7.29m due mainly to lower fuel and electricity costs resulting from
lower diesel and electricity prices, partially offset by higher staff costs.
• Consequently, Group operating profit ↓ $2.38m.
• With lower interest income, PAT ↓ $3.76m.
https://sporeshare.blogspot.com/2025/11/sbs-transit-3rd-quarter-results-update.html
Comments