(August 15 06:00) Sbr.com.sg
Submitted By:
Nathanielle Punay
Case Study:
No
Its acquisitions in 2018 softened the impact from its weakening taxi business.
ComfortDelGro Corporation’s profits grew 1.2% YoY to $75.9m in Q2 from $75m in 2018, an announcement revealed. Revenues rose 4.2% YoY to $980.8m from $941.1m over the same period.
The revenue growth was driven by strong contributions from the acquisitions made in 2018, which offset has countered the decline in its taxi business.
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