- ComfortDelGro’s public transport segment is set to benefit from the upcoming 7% increase in public transport fares from Dec 23, coupled with ongoing UK bus contract renewals and cost indexation. While there is no change to ComfortDelGro’s taxi commission rate for Dec 23, we anticipate an upward revision in 2024 given the substantial gap from peers.
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No changes to taxi rental rebates and commission rates.
- We understand that there have been no changes to ComfortDelGro (SGX:C52)’s 10% daily taxi rental rebate and the 5% online booking commission rate through its Zig app for Dec 23.
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Stable ridership and taxi demand.
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