ComfortDelGro reported Wednesday its 3Q19 net profit fell 10.8 percent on-year to S$70 million on lower taxi revenue and unfavorable currency translations.
These are Singapore companies which may be in focus on Wednesday, 9 October 2019: Comfort DelGro, SBS Transit, Hi-P, Fraser & Neave and Sembcorp.
ComfortDelGro said Tuesday it entered a deal to sell the Alperton Bus Garage in West London and acquire another property in West London.
These are Singapore companies and other news which may be in focus on Wednesday, 18 September 2019: ST Engineering, MLT, ComfortDelGro and StarHub.
These are Singapore companies which may be in focus on Thursday, 15 August 2019: Thai Beverage, Yangzijiang, Sembcorp, OUE and Accordia Golf.
ComfortDelGro reported Tuesday its 2Q19 net profit edged up 1.2 percent on-year to S$75.9 million on new acquisitions and growth in public transport.
ComfortDelGro said Tuesday it made investments in three transportation-related tech start-ups via its US$100 million corporate venture capital fund.
ComfortDelGro reported Tuesday its first quarter net profit increased 6.2 percent on-year to S$70.4 million on contributions from new acquisitions.
These are Singapore companies which may be in focus on Monday, 29 April 2019: DBS, Mapletree Logistics Trust, HPHT, Sheng Siong and Hyflux.
ComfortDelGro said Tuesday it plans to acquire New South Wales bus operator B&E Blanch for A$28.3 million, or around S$27.32 million.
ComfortDelGro tapped Nicholas Yap to take on the role of country head and CEO for its Australian operations, the transportation company said Monday.
ComfortDelGro remains a “viable long-term growth stock,” as concerns over disruption from ride-hailing firms ease, CGS-CIMB said in a note on Thursday.
Maybank KimEng started coverage of ComfortDelGro at Hold with a S$2.45 target price, saying it likes the business, but the share valuations are “fair.”
RHB upgraded ComfortDelGro to Buy after its taxi business showed surprise resilience and as the public transportation business’ contribution grew.
These are Singapore companies which may be in focus on Thursday, 13 February 2019: Singtel, ComfortDelGro, SATS, JUMBO and Accordia Golf Trust.
ComfortDelGro reported Wednesday its 2018 net profit rose 0.6% to S$303.3M on contributions from new acquisitions. That beat some analysts’ forecasts.
Despite the entry of Indonesian ride-hailing player Go-JEK into Singapore’s market, ComfortDelGro’s taxi business has been resilient and the company looks set to expand its fleet, CGS-CIMB said in a note on Thursday.
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SBS Transit has appointed Yang Ban Seng as executive deputy chairman and CEO, with effect from 15 January, it said in a filing to SGX…
ComfortDelGro’s taxi business could see more fleet attrition over the next two years as ride-hailing player GoJek’s entry into Singapore’s market could spur price competition,…