Singapore ComfortDelGro Q3 net slumps 25.3 pct

Newswire

SINGAPORE, Nov 19 (Reuters) - Singapore bus and taxi operator ComfortDelGro Corp Ltd said on Wednesday its third-quarter net profit fell 25.3 percent due to increase in wage costs, higher tax provisions and lower interest income. The firm said net profit for the three months ended September 30 fell to S$47.4 million ($27.53 million) on a five percent rise in turnover to S$462.2 million. ($1=1.722 Singapore Dollar)

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