ComfortDelGro Q3 net profit falls 10.8%

Singapore

COMFORTDELGRO Corp's net profit fell 10.8 per cent to S$70 million for the third quarter ended Sept 30 from S$78.5 million a year ago, the transport operator said in a bourse filing on Wednesday.

Revenue edged up 1.1 per cent to S$979 million on increased contributions from new acquisitions mainly in the public transport services business. This was offset by unfavourable exchange ra…