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[News Article] SMRT full-year profit up 20% for FY2016
SMRT full-year profit up 20% for FY2016
From: CNA
Date: 28/04/16

SINGAPORE: SMRT's net profit for FY2016 came in at S$109.3 million, up 20.1 per cent from the full-year net profit of S$91 million year ago, the public transport operator said in a news release on Thursday (Apr 28).

Group revenue increased 4.9 per cent to $1.3 billion in FY2016, while operating profit improved 14.6 per cent to S$138.5 million.

The Board has proposed a final dividend per ordinary share (DPS) of 2.5 cents. Including the interim DPS of 1.5 cents, this will bring the total DPS in FY2016 to 4.0 cents, representing a 55.8 per cent payout from the FY2016 profits after tax and minority interests.

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SMRT full-year profit grows 20% to cross $100m again
From: Straits Times
By: Christoper Tan
Date: 28/04/16

SINGAPORE - Transport operator SMRT Corp posted a 20.1 per cent rise in net earnings to $109.3 million for the year ended March 31.

The profit attributable to shareholders came on the back of a 6.2 per cent rise in revenue to $1.37 billion, and a 5.4 per cent increase in operating expenses to $1.24 billion.

Earnings per share for the 12 months stood at 7.17 cents while EBITDA margin improved to 26.4 per cent, from 25.4 previously.

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