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ComfortDelGro 2Q earnings fall 6.8% to $79.4 mil

Stanislaus Jude Chan
Stanislaus Jude Chan8/11/2017 5:37 PM GMT+08  • 2 min read
ComfortDelGro 2Q earnings fall 6.8% to $79.4 mil
SINGAPORE (Aug 11): Transport operator ComfortDelGro Corporation posts a 6.8% decline in earnings to $79.4 million in the 2Q ended June, from $85.2 million a year ago.
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SINGAPORE (Aug 11): Transport operator ComfortDelGro Corporation posts a 6.8% decline in earnings to $79.4 million in the 2Q ended June, from $85.2 million a year ago.

Group revenue slipped 3.4% to $987.2 million in 2Q17, from $1.02 billion a year ago.

ComfortDelGro’s underlying business contributed some $16.9 million to the decline, due to lower revenue from its taxi; automotive engineering services; inspection and testing services; bus station; as well as car rental and leasing businesses.

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