ComfortDelGro’s PATMI rises 32.9% YoY to $34.3m

The increase was on the back of higher revenue.

ComfortDelGro's profit after taxation and minority interests (PATMI) rose 32.9% YoY to $34.3m in Q322.

In a bourse filing, the company attributed the increase in its PATMI to 10.1% YoY higher revenue of $969.5m.

The transport operator said its higher revenue was on the back of COVID reopening, higher fuel prices, and taxi fare commissions.

Its operating profit likewise grew to $58.8m. Excluding government relief and non-recurring items, its operating profit would be $53.6m.

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