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ComfortDelGro
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minichart
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08-Jan-2025 08:54
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For 4Q24, ComfortDelGro expects core profit after tax and minority interests (PATMI) of SGD57 million, representing a 2% quarter-on-quarter increase. This is attributed to margin improvements from UK bus contract renewals, offset by lower revenue from bus operations in Singapore and a shrinking taxi fleet. The company&rsquo s FY24-26 earnings per share (EPS) projections remain unchanged, with a target price of SGD1.60.
 
https://www.minichart.com.sg/2025/01/08/comfortdelgro-stock-analysis-challenges-and-opportunities-in-singapores-transport-sector/
 
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