Could reforms redeem Comfort DelGro’s loss-making bus operations?

Analysts are upbeat about the upcoming government-contracting model.

The transportation company continues to report stable growth across all of its segments, and it seeks to iron out the creases in its currently-unprofitable bus segment by adapting a new contracting model.

Analysts from RHB said clarity on payment terms for its existing buses under the new contracting model and winning of the upcoming bus tenders will turn the tide around for the bus segment.

“We expect CD to continue reporting stable growth across all business segments, especially in bus and taxi businesses, which together account for about 80% of its operating profit,” RHB said.

Meanwhile, Comfort DelGro’s profit grew by 6.8% to SGD47m in 1Q16.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

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