SBS Transit's ride continues to be bumpy, with its net profit dropping 30.儲存倉6 per cent year-on-year, from $4.55 million to $3.16 million, for the second quarter ended June 30, 2013. Revenue for the quarter, however, rose 6.7 per cent to $209.34 million, thanks to higher bus and rail ridership. Earnings per share for Q2 2013 stood at 1.02 cents, down from 1.47 cents a year before. The group declared an interim dividend of 0.9 cent per share, down from 1.35 cents a year ago. For the half-year ended June 30, 2013, SBS Transit - a subsidiary of land transport giant ComfortDelGro - saw its half- year net profit fall 36.3 per cent to $5.98 million, while revenue grew 6.9 per cent to $414.1 million. Going forward, Singapore迷你倉沙田s biggest bus operator - which also runs a smaller rail network - expects both bus and rail ridership to increase, albeit at slower rates. The group expects its staff costs to grow as well, because of a higher headcount, salary adjustments, and increases in foreign worker levies. "With the renewal and expansion of the bus fleet, depreciation and financing costs are expected to increase. The bus segment is expected to be impacted more significantly by these cost increases and its outlook remains challenging," said SBS Transit. "With the gearing up for operations of Stage 1 of the Downtown Line, more costs are correspondingly being incurred." SBS Transit fell half a cent to close trading at $1.355 per share yesterday.迷你倉價錢
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