Strong operations lift ComfortDelGro's profit by 23.8% YoY

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pstrongProfit after taxation and minority interest for the period was $40.6m./strong/p pComfortDelGro posted a 23.8% YoY higher profit after taxation and minority interest (PATMI) of $40.6m in 1Q24, driven by strong operations and a resilient portfolio.

ComfortDelGro posted a 23.8% YoY higher profit after taxation and minority interest of $40.6m in 1Q24, driven by strong operations and a resilient portfolio.

Apart from higher PATMI, the company also reported a 10.8% YoY increase in its revenue, reaching $1.00b. The Other Private Transport segment reported a $31.2m increase in its revenue, reaching $65.3m, whilst the Taxi/Private Hire segment revenue rose 8.2% YoY or $11.2m to $148.3m....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

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Source: Loan Digest (loandigest.net)

 

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