- We continue to view ComfortDelGro as an attractive yield counter, offering an above-market-average yield, underpinned by earnings expansion from recent acquisitions and further improvements in UK bus contract economics.
- - Read this at SGinvestors.io -
3Q25 results are tracking estimates.
- ComfortDelGro (SGX:C52)’s 3Q25 net profit rose 22% y-o-y and q-o-q to S$70m, bringing 9M25 earnings to S$176m (+15% y-o-y), or 72% of our 2025F.
- - Read this at SGinvestors.io -
- Looking into 2026, we anticipate sustained earnings growth – supported by UK bus margin expansion, stabilisation in the Singapore taxi and private hire business, and the full-year contribution from the Stockholm rail contract.
Public transport.
- Read more at SGinvestors.io.
Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.
Shekhar Jaiswal RHB Securities Research | https://www.rhbgroup.com/ 2025-11-17
Read also RHB's most recent report:
2026-06-05 ComfortDelGro - ESG Progress Supports Resilient Earnings.
Previous report by RHB:
2026-05-20 ComfortDelGro - Maintain BUY On Risk/Reward Reset.
Price targets by 5 other brokers at ComfortDelGro Target Prices.
Listing of research reports at ComfortDelGro Analyst Reports.
Relevant links:
ComfortDelGro Share Price History,
ComfortDelGro Announcements,
ComfortDelGro Dividend Payout Dates & Corporate Actions,
ComfortDelGro News
