ComfortDelGro Corporation Limited (C52) reported that profit after tax and minority interests for the third quarter ended Sep, 30 2025 rose 22.4 % year on year to 70.4 million Singapore dollars.
Group revenue for the quarter grew 12.9 % to 1.3 billion Singapore dollars, lifting the profit margin to 5.3 % from 4.9 % a year earlier. The company cited stronger margins from renewed London bus contracts, the contribution from the Addison Lee acquisition completed in Nov, 2024 and disposal gains from depot sales in Victoria, Australia.
For the nine months to Sep, 30 2025, revenue increased 13.9 % to 3.8 billion Singapore dollars, while profit after tax and minority interests rose 15.4 % to 176.4 million Singapore dollars.
Public Transport remained the largest segment, booking nine-month revenue of 2.4 billion Singapore dollars and operating profit of 136.1 million Singapore dollars. The Taxi & Private Hire division recorded revenue of 778.2 million Singapore dollars and operating profit of 98.1 million Singapore dollars after including contributions from Addison Lee.
As at Sep, 30 2025, ComfortDelGro held cash and short-term deposits of 870.8 million Singapore dollars and net debt of 695.6 million Singapore dollars. Total capital expenditure for the first nine months reached 702.6 million Singapore dollars, mainly for 452 funded buses for Metroline Manchester, 212 electric buses in London and continued electrification of the taxi fleet.
Management noted that the Singapore fare review will raise adult card fares by nine to ten cents per ride from Dec, 27 2025, and confirmed that the Tampines bus package will transfer to a new operator in Jul, 2026.
