ComfortDelGro
ComfortDelGro is one of the world’s largest land transport companies headquartered in Singapore. The Group also has operations in China, the United Kingdom, Ireland, Australia, Vietnam, and Malaysia.
See below for the Latest ComfortDelGro News, Analysis, Profit Results, Share Price Information, and Commentary.
ComfortDelGro expands UK footprint with new $720m contract
ComfortDelGro expands UK footprint with new $720m contract
Its unit, Metroline Limited, will operate four public bus franchises.
ComfortDelGro receives shareholders approval for acquisition of A2B Australia
97.73% of eligible A2B shareholders voted in favour of the scheme resolution.
Singapore’s updated P2P policy bodes well for taxi operators
Big win for ComfortDelGro, the largest taxi operator in the city-state.
ComfortDelGro posts 4.3% YoY higher net profit in FY23
Profit attributable to the company’s shareholders was $180.5m.
ComfortDelGro unit acquires UK-based CMAC Group for $135.4m
CMAC is a ground transport management and accommodation network specialist.
ComfortDelGro, Guangzhou Public Transport Group launch EV charging, services tie-up
Four charging stations with 250 chargers will be deployed in the city of Guangzhou in China.
ComfortDelGro imposes taxi fare hike to help drivers defray higher operating costs
The company’s fleet, except limousine taxis, will see a $0.50 increase in flag-down fares.
ComfortDelGro’s net profit soars 54.5% YoY to $49.9m in 3Q23
Quarter-on-quarter, net profit rose by 9.2%.
Tommy Tan steps up as CEO of ComfortDelGro Taxi
He will succeed Jackson Chia.
ComfortDelGro moves dividend payment date to 31 August
The company adjusted the payment date in light of the Presidential Elections.
Broker’s advice on ComfortDelGro investment after losing the second bus bid
ComfortDelGro remains robust with a decent dividend yield.
ComfortDelGro profit down 31.5% to S$117.2m in H1, but earnings better than H2
A one-off gain from the Alperton property disposal in 2022 led to the difference.
ComfortDelGro consortium clinches Paris rail tender
Its latest win increased its international rail network by 16%.
Which 20 Singapore stocks booked the most net retail inflow in 1H23?
Net retail inflow booked by SG stocks in 1H23 hit $1.49b.
ComfortDelgro unit to distribute China-made EVs in SG
The EVs are manufactured by ChangAn KuaYue.
NSW outer metropolitan bus tender awarded to ComfortDelGro
The contract was worth A$200m ($180m)
Three critical risks for ComfortDelGro amidst expected H2 improved earnings
Overseas operations and a rise in ridership will drive the transport business.
Commentary
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