---
title: "Multiple business revenue declines, SBS Transit’s net profit in the second half fell 17.8% year-on-year | Lianhe Zaobao"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276731928.md"
description: "In the second half of the fiscal year 2025, SBS Transit reported a net profit decline of 17.8% year-on-year to SGD 30.1 million, with an annual net profit decrease of 13% to SGD 61.2 million. Despite the poor performance, the company still plans to distribute a final dividend of SGD 0.0866 per share and a special dividend of SGD 0.3199 per share. Revenue in the second half decreased by 0.9% year-on-year to SGD 771.48 million, while total annual revenue fell by 2.7% to SGD 1.51735 billion. The public transport service business saw an annual revenue decline of 3% to SGD 1.450 billion, mainly due to a decrease in bus service revenue"
datetime: "2026-02-24T12:17:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276731928.md)
  - [en](https://longbridge.com/en/news/276731928.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276731928.md)
---

# Multiple business revenue declines, SBS Transit’s net profit in the second half fell 17.8% year-on-year | Lianhe Zaobao

SBS Transit’s multiple business revenues decreased, leading to a 17.8% year-on-year decline in net profit for the second half of the fiscal year 2025 to SGD 30.1 million, and a 13% drop for the full year to SGD 61.2 million.

Despite the unsatisfactory performance, the company still plans to distribute a final dividend of SGD 0.0866 per share and a special dividend of SGD 0.3199 per share.

The latest performance report released by SBS Transit on Tuesday (February 24) showed that as of the end of last year, the group’s revenue for the second half of the year fell by 0.9% year-on-year to SGD 771.48 million.

In terms of full-year performance, revenue decreased by 2.7% to SGD 1.51735 billion. Earnings per share were SGD 0.1959, a year-on-year decline of 13%; the net asset value per share as of the end of last year was SGD 2.18.

#### Further Reading

SBS Transit’s net profit for the first half was SGD 31.09 million, with a dividend of SGD 0.0895 per share Bus and subway service contract operating losses widened

Public transportation service revenue for the full year decreased by 3% year-on-year to SGD 1.45 billion. This was due to a reduction in bus service revenue, primarily because the company lost the Jurong West bus package starting from September 2024, leading to a decrease in operational mileage. However, the average fare and passenger volume for subway services boosted revenue, offsetting part of the decline in bus revenue.

Revenue from other commercial services grew by 5.1% to SGD 6.28 million, mainly due to advertisers launching more digital marketing activities. Operating profit benefited from lower employee costs and advertising expenses, increasing by 18.4%, although part of the revenue increase was offset by higher advertising discounts SBS Transit predicts that bus operating revenue will decline due to the loss of the Tampines bus package starting in July 2026. However, metro operating revenue is expected to increase due to fare adjustments and a continuous rise in passenger volume.

SBS Transit’s stock price fell 1.48% on Tuesday, closing at SGD 3.44

### Related Stocks

- [S61.SG](https://longbridge.com/en/quote/S61.SG.md)

## Related News & Research

- [How Services Could Help Generate $13 in Earnings Per Share for Apple Stock](https://longbridge.com/en/news/286811291.md)
- [09:17 ETOptro Now Offered Through GuidePoint Security](https://longbridge.com/en/news/286778591.md)
- [China to resume US beef imports despite record domestic prices](https://longbridge.com/en/news/286677591.md)
- [17:59 ETGargle Launches AI-Enhanced Local Visibility Strategy for Dentists](https://longbridge.com/en/news/286823698.md)
- [17:45 ETGOFO Outlines Plan to Tighten U.S. Nationwide Delivery Standard to 1-5 Calendar Days Ahead of 2026 Peak Season](https://longbridge.com/en/news/286822958.md)