(November 13 12:26) Sbr.com.sg
Uploaded By:
Paul Howell
Submitted By:
Paul Howell
Case Study:
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All segments report lower revenue for the quarter.
ComfortDelGro's (CDG) operating profit fell by 59.6% YoY to $44m in Q3, according to a bourse filing. Revenue is 16.3% down to $816.5m over the same period.
Compared to Q2, Q3 revenue improved 22.9%.
For YTD September 2020, operating profit is down 84.7% to $50.6m, whilst revenue shrunk 19.3% to $2.34b on the back of lower revenue from public transport, taxi, and automative engineering services.
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