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ComfortDelGro posts 19.6% drop in 1Q earnings to $66.3 million on absence of one-off gain, higher costs

Stanislaus Jude Chan
Stanislaus Jude Chan5/11/2018 05:38 PM GMT+08  • 3 min read
ComfortDelGro posts 19.6% drop in 1Q earnings to $66.3 million on absence of one-off gain, higher costs
SINGAPORE (May 11): ComfortDelGro Corporation saw its earnings fall 19.6% to $66.3 million for the 1Q ended March, from $82.5 million a year ago.
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SINGAPORE (May 11): ComfortDelGro Corporation saw its earnings fall 19.6% to $66.3 million for the 1Q ended March, from $82.5 million a year ago.

1Q18 revenue rose marginally by 1.0% to $878.8 million, from $869.8 million a year ago.

The increase was due to a favourable foreign currency translation of $5.2 million and an increase in the underlying business of $3.8 million.

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