Will ComfortDelGro’s profits get hammered by the weak British pound?

26 Feb 2016 - Singapore Business Review
UK operations account for almost 20% of bottomline. The weak British pound will not be sufficient to derail ComfortDelGro’s profit growth this year, according to a report by DBS. DBS estimated that the group’s bus and taxi operations in the United Kingdom account for around 20% of ComfortDelGro’s operating ...
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Should We Be Timing The Market?

24 Feb 2016 - The Motley Fool Singapore
Take a look at the chart below. It shows the movement of Singapore’s market barometer, the Straits Times Index (SGX: ^STI), over the past five years. Source: S&P Global Market Intelligence – Straits Times Index (Last 5 Years) Looking at the chart, it’s likely that you’d find that the market has not been ...
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3 Things You Need To Know About the Singapore Stock Market Today

15 Feb 2016 - The Motley Fool Singapore
Welcome to Monday evening! Here are three things about Singapore’s stock market and investing in general that you might want to look at today and over the weekend. 1. There have been a nice chunk of companies reporting their earnings last week. Check out the latest earnings coverage from my colleagues: ...
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New entrants are no problem for ComfortDelGro’s taxi business: analysts

15 Feb 2016 - Singapore Business Review
At least not yet, they add. Along with the 6.5% increase in profit for the transport firm, more surprises were revealed in ComfortDelGro’s latest results, including its resilient taxi earnings. According to Maybank Kim Eng, it was expecting some sign of weakness from the firm’s taxi business, but in ...
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ComfortDelgro Corporation Limited’s Latest Earnings: Growth Seen, But Challenges Lie Ahead

15 Feb 2016 - The Motley Fool Singapore
Last Friday, ComfortDelgro Corporation Limited (SGX: C52) reported its earnings for the quarter and year ended 31 December 2015. For a brief introduction, ComfortDelgro is a global land transport giant with operations mainly in Singapore, Australia, the United Kingdom, and China. The company has a total ...
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ComfortDelGro braces for lower bus earnings as fare cuts bite

15 Feb 2016 - Singapore Business Review
But rail revenue will come to the rescue. Transport operator ComfortDelGro said that it expects its bus revenue to decline this year, on back of the 1.9% fare reduction imposed by the Land Transport Authority (LTA). However, revenue from its rail business is expected to be higher this year due to contributions ...
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ComfortDelGro net profit up 6.5% for 2015

12 Feb 2016 - Channel NewsAsia
SINGAPORE: Transport company ComfortDelGro posted a 6.5 per cent increase in full-year net profit to S$301.9 million, crossing the S$300 million mark for the first time. In a media release issued on Friday (Feb 12), ComfortDelGro said full-year revenue rose 1.5 per cent to S$4.11 billion, led by the ...
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ComfortDelGro's full-year net profit climbs 6.5% to $301m

12 Feb 2016 - Singapore Business Review
Thanks to higher revenue from core operations. Transport operator ComfortDelGro reported that its full-year net profit rose 6.5% to $301m in 2015, boosted by higher revenue from its bus, taxi, and rail operations. This marks that first time that the group's bottomline crossed the $300 million-mark, the ...
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The Week In Numbers: Could SingTel Ring In Some New Year Cheer?

7 Feb 2016 - The Motley Fool Singapore
If the streets of Singapore appear a little quiet next week, it’s because the Garden City is celebrating Chinese New Year, with a two-day public holiday. The Singapore markets will be closed on both Monday and Tuesday for a holiday-shortened trading week. But earnings season returns on Friday with quarterly ...
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SBS Transit Ltd’s Latest Earnings: Higher Profits Seen for the Year

6 Feb 2016 - The Motley Fool Singapore
SBS Transit Ltd (SGX: S61) released its results for the year ended 31 December 2015 yesterday. SBS Transit, as many know, is an operator of bus and rail services in Singapore. It is a subsidiary of ComfortDelGro Corporation Limited (SGX: C52), which also happens to be the world’s second largest land ...
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