SBS Transit (SGX:S61) First Half 2024 Results

Key Financial Results

• Revenue: S$781.4m (up 5.0% from 1H 2023).

• Net income: S$33.7m (down 3.1% from 1H 2023).

• Profit margin: 4.3% (down from 4.7% in 1H 2023). The decrease in margin was driven by higher expenses.

• EPS: S$0.11 (down from S$0.11 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

SBS Transit's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for SBS Transit (2 are a bit concerning!) that we have uncovered.

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