SBS Transit's Q3 Net Profit Rise 1.7% YoY
SBS Transit's Q3 Net Profit Rise 1.7% YoY
The increase was due to lower taxes.
增長是由於稅收較低。
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.
新捷運在2024年第三季度實現稅後利潤達1820萬美元,同比增長1.7%,較2023年第三季度的1790萬美元有所增加,主要是因爲稅費支出減少。
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.
同期營業收入也同比增長2.1%,從去年的38800萬美元增至39600萬美元,主要是由於平均車費和乘客量上升,以及其他運營收入帶來的增長,部分抵消了較低的巴士服務費用,儘管里程和燃料指數降低。
Commercial services, which rose by $0.58m due to increased income from digital screen advertisements, also contributed to the revenue growth.
商業服務部門增加了58萬美元,這是由於數字屏幕廣告收入增加所致,也爲營業收入增長做出了貢獻。
On the flip side, operating profit slipped 0.1% as operating costs rose by 2.3% YoY to $377m.
另一方面,由於營業成本同比增長2.3%,達到37700萬美元,營業利潤下滑了0.1%。
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.
新捷運預計,由於2021年12月28日起實施的6.0%車費上漲和乘客量增長,鐵路運營收入將下降。隨着裕廊西巴士包的移交,巴士運營收入也預計會下降。
Meanwhile, the company expects cost increases to moderate with lower inflation and energy prices.
與此同時,公司預計成本增長將隨着通脹和能源價格的降低趨於緩和。