SMRT posts 6.8% rise in Q1 profit to S$27.3m from a year ago
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Gong xi, gong xi!
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Which compared to sbst, is still way too little.
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The world's no 1 railway operator in terms of profit
But bus service std, cmi -
They still thinking of increasing fare
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If you look further
SMRT Taxi losses increased to $3.2M from abt $2.3M
SMRT Buses went into the red with $500K of loses
MRT biz profit up a whoping 40% due to fare hikes and rentals -
They'd better be making profits with the amount of people that squeeze into the trains every day during peak hours.
I once heard a tourist ask her friend shockingly if the trains were so packed everyday until it was almost impossible to manouvre. You should see the horrified look on her face when she saw all the people packed like sardines squeezing her against the train door. -
Their bus svs dun make money now simply cos of the 'ai mai ai mai' kind of attitude
Bus drivers anyohow skip bus stops
It's high time to let SBS compete with SMRT Train