SINGAPORE (Feb 24): Analysts remain optimistic on land transport operator ComfortDelGro, following the release of its results for FY2019 ended December, on Feb 14. The group posted a 12.6% decline in its earnings to $265.1 million, from $303.3 million a year ago. This follows higher operating costs...

Submitted By:  Shaina Teope Case Study:  No ComfortDelGro saw the sharpest decline amongst top active stocks with a 1.46% contraction. The Straits Times Index ended...

Submitted By:  Clarist Zablan Case Study:  No Its cabbies will receive a daily rebate of $16.50 until March, and $10 in April. ComfortDelGro Taxi is shelling out ab...

THE following companies saw new developments that may affect trading of their securities on Friday:

COMFORTDELGRO Taxi is providing beleaguered cabbies with about S$10 million in rental rebates till the end of April 2020, over and above the S$18 million package which was announced last week, it said on Thursday.

Submitted By:  Staff Reporter Case Study:  No The taxi rebates will cost CDG about $9m. ComfortDelGro’s earnings are expected to decline on the back of the re...

Submitted By:  Shaina Teope Case Study:  No OCBC Bank led the gains amongst top active stocks with a 1.09% expansion. The Straits Times Index ended 17.08 or 0.53% h...

Submitted By:  Shaina Teope Case Study:  No ComfortDelGro saw the sharpest decline amongst top active stocks with a 4.13% contraction. The Straits Times Index ended...

WITH headwinds expected for FY2020 due to the effect of the Covid-19 outbreak and taxi earnings likely to remain weak, research houses have trimmed their earnings outlook for ComfortDelGro.