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Government relief buoys SBS Transit's 3Q21 profits

Jovi Ho
Jovi Ho11/11/2021 6:19 PM GMT+08  • 2 min read
Government relief buoys SBS Transit's 3Q21 profits
3QFY2021 operating profit came in at $0.17m before government relief.
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SBS Transit reported 3.4% q-o-q growth in revenue to clock $334.85 million in 3QFY2021 ended September.

Profit after tax increased slightly, up 5.2% q-o-q, to $13.86 million. Operating profit came in at $0.17m before government relief.

Meanwhile, operating costs rose to $320.75 million from $310.57 million in the previous quarter.

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