SINGAPORE (Feb 14): Land transport operator ComfortDelGro Corporation saw its earnings fall 12.6% to $265.1 million for FY2019 ended December, from $303.3 million a year ago.

The decline was on the back of higher operating costs, which included provision for impairment in its taxi business.

The group on Feb 13 announced a relief package in excess of $18 million that will be given to cabbies who have been hit by falling demand as a result of the current novel coronavirus (COVID-19) outbreak.

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