Why SMRT struggles with energy cost inflation and ComfortDelGro does not

CD has hedged 90% of its fuel needs and 60% of its electricity needs for 2H12, says CIMB.

Here's more from CIMB:

With the exception of driving centres, all segments reported stronger revenue in 2Q12, lifting the group’s topline to $885m (+5% yoy). Net profit grew 9% to S$65m. This quarter marked the reversal of energy costs, which fell 0.8%, providing long-awaited margin relief.

This came in contrast to peer SMRT, which continued to struggle with energy cost inflation during the quarter, suggesting more astute fuel hedging by CD. The group has hedged 90% of its fuel needs and 60% of its electricity needs for its 2H12 Singapore operations at “good prices”, implying waning margin pressure from energy costs.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. 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