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