Today, 15th July 2016, SMRT announced the proposal of sale of its asset to Land Transport Authority (LTA). New rail financing framework has been in talks for years since many years back where there was an …Continue reading
Stock news, analysis and financial results related to SMRT. My stock analysis will provide the current dividend yield based on historical payout and current stock price.
SMRT Non Fare Business Saved The Day
SMRT announces its 3Q FY2016 results on 25th January 2015. Similar to 2QFY2016, operating expenses increased 2.4% to $303.0 million due to higher repairs and maintenance costs, staff costs, depreciation, and other operating expenses. Fare Business …Continue reading
SMRT Shares Surges on Hopes of Rail System Reform
SMRT shares surged to a day high of S$1.575 on Friday, 4th December 2015 after our transport minister Mr Khaw Boon Wan spoke about integrating the roles of the Land Transport Authority (LTA), which currently designs …Continue reading
SMRT Higher Operating Costs Continue to Erode Profits
“We are fully committed to strengthening the level of service and reliability of our public transport services and meeting the network’s higher capacity needs and operational requirements. We remain focused on our multi-year programmes to renew and …Continue reading