SBS Transit

Broker's Calls

CDG to see bottom line improvement of $11 mil following 7% public transport fare hike: DBS

“We believe [that the] announced fare hike will allow SBS Transit’s trains to achieve profitability,” says DBS.

Company in the news

SBS Transit wins tender to run Bukit Merah Bus Package for the second time

This is the third bus tender award SBS has won under the new bus contracting model.


SBS Transit reports slight improvement in profit after tax to $15.8 mil in 1QFY2023

Profit after tax was up by 1.9% y-o-y, compared to $15.5 million in 1QFY2022.


SBS Transit posts 31.7% growth in FY2022 earnings to $68 mil due to recovery in ridership

Now that Covid-19 restrictions have been lifted, SBS Transit is recovering and expects this to continue.
Leadership shuffles occur at ComfortDelGro and subsidary SBS Transit  - THE EDGE SINGAPORE


Leadership shuffles occur at ComfortDelGro and subsidary SBS Transit

Two of the three appointments were former Air Force personnel.

Broker's Calls

RHB maintains 'buy' call for ComfortDelGro, cites operating improvements and 'compelling' valuation

RHB analyst Shekhar Jaiswal's target price is $1.75 as Singapore's rail ridership and taxi leadership continues to improve.

Broker's Calls

SBS in 'good position' to raise dividend payout ratio by end-FY2022: CGS-CIMB

In its report, CGS-CIMB also foresees SBS Transit to see further rail ridership recovery in the remainder of the FY2022.


Vicom 1HFY2022 earnings up 9.2%

The company plans to pay an interim dividend of 3.32 cents


SBS Transit reports higher revenue but lower earnings, plans interim dividend of 5.45 cents

The tight labour market and the spike in energy prices remain as key challenges

Broker's Calls

'Hold' SBS Transit with recovering ridership, uncertain bus packages: DBS

DBS analysts say they were were previously “overly conservative” on SBS Transit’s EBIT margin.