SBS Transit

SBS Transit Ltd is a multi-modal public transport operator in Singapore operating bus and rail services.

Higher revenue drives SBS profit up 7.5% YoY in 1Q24

Revenue for the period was 6.6% YoY higher.

SBS Transit’s net profit rises 1.5% YoY to $69.1m in FY23

With improved profit, the company recorded a 1.6% higher earnings per share.

7% fare hike to hit bus and train commuters in SG

In tandem, PTC required SBS Transit and SMRT to make larger contributions to the Public Transport Fund.

SBS Transit bags Bukit Merah Bus Package operation

The five-year contract will start in April 2024.

SBS Transit reports operating profit of $38.17m for H1 2021

This is an 18.5% increase compared to this period in the previous year.

SBS Transit appoints Evelyn Tan Poh Choo as CFO

She will replace replace Linda Ng Yew Lin who has voluntarily resigned.