SINGAPORE (May 22): ComfortDelGro posted earnings of S$36 million (RM110.2 million) for the first quarter ended March 31, 2020 (1QFY20), some 48.9% lower than earnings of S$70.4 million a year ago.
The decline came on the back of a 9% slide in revenue to S$862.4 million from S$947.3 million last year as all business segments booked declines due to the Covid-19 pandemic.
Revenue from the group’s taxi business fell 25.7%, while the contribution from the public transport services segment fell 4.2%. Other segments such as ... (click on link for full story on theedgesingapore.com).