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Fourth Quarter Highlights: Total Revenue Was $476 Million; Service Revenue1 Was $339 Million, Up 24% Net Income Was $8.9 Million and Diluted EPS Was $0.47,.
SBS Transit Ltd (SGX: S61) share price falls to S$3.01 on Tuesday (11 May 2021)
This comes a day after the group shared a business update for the first quarter of 2021
The operator of North East Line and Downtown Line was able to post higher profits thanks to a slew of government reliefs
Looking ahead, SBS Transit says rail ridership numbers are unlikely to return to pre-Covid levels any time soon
Buy and sell SBS Transit shares with an IG account
SBS Transit Q1 results: What are the highlights?
SBS Transit shares are down 1.63% on Tuesday (11 May 2021), a day after releasing its Q1 2021 business update.