- ComfortDelGro (SGX:C52) reported 4Q25 PATMI of S$53.9m, taking its FY25 net profit to S$230.3 (+9.4% y-o-y), broadly in line with our and market expectations.
- The group proposed a final dividend of 4.59 cents, bringing the total ComfortDelGro's dividends for FY25 to 8.50 cents, representing a payout ratio of 80%.
London bus contract margins continued to improve
- - Read this at SGinvestors.io -
- Management updated that pre-operations phase of new Jurong Regional Line is on track with full operations to commerce in 2027. Meanwhile, it is also actively preparing for Copenhagen Metro and UK regional bus franchise tenders.
SG taxi population still on structural downtrend
- - Read this at SGinvestors.io -
- On a positive note, its B2B segment remains mostly stable as Addison Lee trip volumes have increased 10% q-o-q, and Singapore/Australia CabCharge account numbers are also growing nicely, according to management.
Scaling up AV/AI capabilities in different markets
- Read more at SGinvestors.io.
