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ComfortDelGro reports PATMI of $21.7 million, down 69% y-o-y

The Edge Singapore
The Edge Singapore11/12/2020 08:06 PM GMT+08  • 1 min read
ComfortDelGro reports PATMI of $21.7 million, down 69% y-o-y
During the quarter, ComfortDelGro enjoyed $44.2 million in government relief
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ComfortDelGro has reported profit after tax and minority interest of $21.7 million, down 69% y-o-y, as the Covid-19 pandemic continues to hurt travel volume across the various markets it operates.

Revenue in the same period was down 16.3% y-o-y to $816.5 million.

According to the company, revenue for its public transport services was down by $86.1 million, or half of that overall revenue drop from the year earlier 3Q. Revenue from taxi operations was down by nearly $50 million, followed by engineering services, down $21.9 million.

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