ComfortDelGro posts 4.3% YoY higher net profit in FY23

Profit attributable to the company’s shareholders was $180.5m.

ComfortDelGro recorded a 4.3% YoY higher profit attributable to its shareholders of $180.5m in FY23.

The company also recorded a 2.6% YoY or $99.5m higher group revenue of $3.88b for the period on the back of increases in its different business segments, including Public Transport, which saw a 2.5% YoY uptick in revenue ($2.96b).

Other segments which recorded revenue increases were the Taxi / PHV Business (+3.6% YoY; $574.7m), Inspection and Testing Services (+3.3% YoY; $109.5m), and Other Segments (+10.8% YoY; $93.0m).

With improved financial performance, the company proposed a final tax-exempt one-tier dividend of $0.0376 per share, representing a payout ratio of 80%.

Follow the link for more news on

ComfortDelGro

Financial Statements

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia