SBS Transit's Q3 Net Profit Rise 1.7% YoY
SBS Transit's Q3 Net Profit Rise 1.7% YoY
Commercial services, which rose by $0.58m due to increased income from digital screen advertisements, also contributed to the revenue growth.The increase was due to lower taxes.
增长是由于税收降低。
SBS Transit posted a profit after tax of $18.2m for Q3 2024, reflecting a 1.7% year-on-year (YoY) from the $17.9m in Q3 2023 amidst a lower tax expense.
在税收支出减少的情况下，SBS Transit公布的2024年第三季度税后利润为1,820万美元，较2023年第三季度的1790万美元同比增长1.7％。
Revenue for the period also rose 2.1% YoY to $396m from $388m a year ago due to higher average fare and ridership for rail and other operating income, partially offset by lower bus service fees amidst lower mileage and fuel indexation.
该期间的收入也从去年同期的3.88亿美元同比增长2.1％至3.96亿美元，这要归因于铁路和其他营业收入的平均票价和乘客量的增加，但公交服务费的降低在一定程度上被公交服务费的降低所抵消。
Commercial services, which rose by $0.58m due to increased income from digital screen advertisements, also contributed to the revenue growth.
由于数字屏幕广告收入的增加，商业服务增长了58万美元，也促进了收入的增长。
On the flip side, operating profit slipped 0.1% as operating costs rose by 2.3% YoY to $377m.
另一方面，营业利润下降0.1％，运营成本同比增长2.3％，至3.77亿美元。
SBS Transit expects rail operations revenue to decline due to the 6.0% fare increase effective 28 December and ridership growth. Bus operations revenue is also expected to decline following the handover of the Jurong West bus package on 31 August.
SBS Transit预计，由于自12月28日起票价上涨6.0％以及乘客量增长，铁路运营收入将下降。继8月31日裕廊西部一揽子公交计划移交后，预计公交运营收入也将下降。
Meanwhile, the company expects cost increases to moderate with lower inflation and energy prices.
同时，该公司预计，随着通货膨胀和能源价格的降低，成本增长将放缓。
