SINGAPORE (May 10): SBS Transit posted earnings of S$16.8 million for the 1Q ended March, some 63.7% higher than earnings of S$10.2 million a year ago.
1Q18 revenue grew 15.8% to S$328.2 million, outpacing a 13.8% increase in total operating costs to S$307.6 million.
As a results, group operating profit jumped 57.9% to S$20.6 million in 1Q18, from S$13.0 million a year ago... (Click here to read the full story)