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SMRT: Reports Lower Net Profit Of $34.8M For 1QFY12. 27 Jul 2011 21:28 Group revenue increased by 7.5% or $17.7 million to $253.1 million due mainly to higher MRT and bus ridership, contribution from Circle Line, higher taxi rental revenue, increase in external fleet maintenance revenue and higher rental and advertising revenue, partially offset by lower average fare for MRT and bus. Group operating profit was $3.7 million lower at $42.4 million. This was due mainly to energy costs increasing by 32.7% or $9.9 million for this quarter. Staff and related costs, repairs and maintenance and other operating expenses were also higher. These were partially offset by lower depreciation... Attachments:
This message was edited by ai-yo-yo on 27-Jul-2011 @ 9:50 PM
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