ComfortDelgro – BT

ComfortDelGro Q1 earnings climb 6.8% to $53.5m

Revenue up 6.5%, helped by growth in key segments

TRANSPORT group ComfortDelGro posted a 6.8 per cent rise in net profit to $53.5 million for the first quarter ended March 31, as growth across its key business segments boosted revenue by 6.5 per cent.

Revenue for the first quarter was $855.4 million, compared with $803 million in Q1FY11 while earnings per share were 2.56 cents, up from 2.40 cents in the corresponding quarter last year.

Revenue from overseas operations accounted for 40.7 per cent of group revenue.

The group's revenue from bus business registered growth of 4.6 per cent to $410.5 million while operating profit was 13.6 per cent higher at $32.5 million.

ComfortDelgro – BT

ComfortDelGro Q1 earnings climb 6.8% to $53.5m

Revenue up 6.5%, helped by growth in key segments

TRANSPORT group ComfortDelGro posted a 6.8 per cent rise in net profit to $53.5 million for the first quarter ended March 31, as growth across its key business segments boosted revenue by 6.5 per cent.

Revenue for the first quarter was $855.4 million, compared with $803 million in Q1FY11 while earnings per share were 2.56 cents, up from 2.40 cents in the corresponding quarter last year.

Revenue from overseas operations accounted for 40.7 per cent of group revenue.

The group's revenue from bus business registered growth of 4.6 per cent to $410.5 million while operating profit was 13.6 per cent higher at $32.5 million.

Comments are Closed