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SBS Transit reduces operating loss, proposes final dividend of 2.45 cents

The Edge Singapore
The Edge Singapore2/23/2022 09:12 PM GMT+08  • 2 min read
SBS Transit reduces operating loss, proposes final dividend of 2.45 cents
"While things may have improved compared to 2020, we are certainly not out of the woods."
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SBS Transit has reported earnings of $15.2 million for 2HFY2021, down 67.3% y-o-y.

If $21.7 million worth of government relief is excluded, the bus and train operator’s operating loss would be $6.3 million, versus $441,000 incurred for the year earlier 2HFY2020.

Revenue for 2HFY2021 was up 6.7% to $607 million.

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