I expect current profits to double with ridership in public transport bursting at the seams; thanks to the liberal policy of inviting birds of fine weather, oops foreign trash, to our shores!
SMRT + SBS Transit (Net Profit)
===============================
2010: S$ 217.163 million
2009: S$ 217.343 million
2008: S$ 190.519 million
2007: S$ 185.812 million
2006: S$ 159.757 million
2005: S$ 178.088 million
2004: S$ 138.537 million
2003: S$ 91.083 million
2002: S$ 91.351 million
2001: S$ 142.445 million
SBS Transit (Net Profit)
=========================
2010: S$ 54.278 million
2009: S$ 54.612 million
2008: S$ 40.580 million
2007: S$ 50.022 million
2006: S$ 56.133 million
2005: S$ 51.536 million
2004: S$ 49.041 million
2003: S$ 19.015 million
2002: S$ 34.554 million
2001: S$ 39.648 million
SMRT (Net Profit)
==========================
2010: S$ 162.885 million
2009: S$ 162.731 million
2008: S$ 149.939 million
2007: S$ 135.790 million
2006: S$ 103.624 million
2005: S$ 126.552 million
2004: S$ 89.496 million
2003: S$ 72.068 million
2002: S$ 56.797 million
2001: S$ 102.797 million
2000: S$ 115.442 million
1999: S$ 94.66 million
If ever there is a company which can continuously increase their profits over the years even through a financial crisis ...
ReplyDeleteonly in singapore can you garner such a large amount of profits from just PUBLIC transport alone....
ReplyDeletedont look at net profit... look at profit margin
ReplyDeleteSMS profit margin is only 7-8% I wont even say SBS is a good investment. There are better investment out there.
SMRT has a profit margin of ~ 16%.