Sporeshare
02-25

$SBS Transit(S61.SI)$  

 Sbs Transit - FY results is out. Net profit is down 13 percent to 61.1m. Declared final dividend of 8.66 cents plus a special dividend of 31.99 cents.so solid!

Full-year Group revenue decreased by 2.7% to $1.52 billion.

• Full-year operating costs decreased by 2.5% to $1.45 billion.

• Full-year operating profit decreased by 6.9% or $5 million to $68.1 million.

• Net profit attributable to shareholders decreased by 13% to $61.2 million.

• A final tax-exempt one-tier dividend of 8.66 cents per share and a special tax-

exempt one-tier dividend of 31.99 cents per share have been recommended.

IN addition, after a review of the Group’s capital requirements and funding needs, the

Board has proposed a special dividend of 31.99 cents per ordinary share to our

shareholders.

Together with the interim tax-exempt one-tier dividend of 8.95 cents paid earlier, the

total dividend for 2025 will be 49.60 cents per share or a payout ratio of 253% if the

final and special dividend is approved byp Shareholders at the Annual General

Meeting on 23 April 2026.

Outlook

Bus operations revenue is expected to decline following the loss of the Tampines Bus

Package from July 2026.

Rail operations revenue is expected to grow due to fare adjustment effective from 27

December 2025 and sustained increases in ridership.

Too much cash on hands!

Total cash on hands 384m div total no if share 312m , 1.23 cash per share.

https://sporeshare.blogspot.com/2026/02/sbs-transit-fy-results-is-out-net.html

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