SINGAPORE (Aug 15): ComfortDelGro Corporation may have posted a positive set of financial results for the 2Q19 ended June. But a peek under the hood reveals that the land transport conglomerate has not been firing on all cylinders. The group saw its earnings grow 1.2% to $75.9 million during the qu...

THE longtime group chief financial officer (CFO) of ComfortDelGro Corporation, Choo Chek Siew, will retire at the end of next month after serving in the role for 16 years.

Submitted By:  Nathanielle Punay Case Study:  No Its acquisitions in 2018 softened the impact from its weakening taxi business. ComfortDelGro Corporation’s pr...

Submitted By:  Staff Reporter Case Study:  No OCBC led the gains amongst top active stocks with a 0.91% increase. The Straits Times Index ended 0.87 or 0.03% higher...

TRANSPORT giant ComfortDelGro Corp posted a 1.2 per cent rise in earnings to S$75.9 million for the second quarter, with higher public transport takings and contributions from new acquisitions offset by lower investment income, higher financing charges and unfavourable exchange rates.

SINGAPORE (Aug 13): Land transport operator ComfortDelGro Corporation saw its earnings edge up by 1.2% to $75.9 million for the 2Q19 ended June, from $75.0 million a year ago. Earnings per share climbed to 3.50 cents on a fully diluted basis in 2Q19, compared to 3.46 cents in 2Q18. 2Q19 revenue ros...

COMFORTDELGRO is moving into the heavy vehicle leasing business with the addition of five prime movers to its rental fleet. The five prime movers have been leased out to Haulio, a logistics tech startup that ComfortDelGro invested in through its US$100 million corporate venture capital fund....

SINGAPORE (Aug 5): ComfortDelGro's car rental and leasing arm, Rent-A-Car (CRAC) is adding five prime movers to its fleet to muscle its way into the heavy vehicle arena. The first two movers, a Volvo FM and UD Quon, have been received while the remaining other two Volvo FMs and one UD Quon will be ...

COMFORTDELGRO is moving into the heavy vehicle leasing business with the addition of five prime movers to its rental fleet. The five prime movers have been leased out to Haulio, a logistics tech startup that ComfortDelGro invested in through its US$100 million corporate venture capital fund...

SINGAPORE (Aug 2): Quarterly momentum has broken down and has weakened considerably since end July. The Straits Times Index slipped below the confluence of the 50- and 100-day moving averages at 3,277 and 3,278. The breakdown took place on expanding volume, a sign of selling. The next support appea...