ComfortDelGro’s PATMI rises 32.9% YoY to $34.3m
The increase was on the back of higher revenue.
ComfortDelGro's profit after taxation and minority interests (PATMI) rose 32.9% YoY to $34.3m in Q322.
In a bourse filing, the company attributed the increase in its PATMI to 10.1% YoY higher revenue of $969.5m.
The transport operator said its higher revenue was on the back of COVID reopening, higher fuel prices, and taxi fare commissions.
Its operating profit likewise grew to $58.8m. Excluding government relief and non-recurring items, its operating profit would be $53.6m.