ComfortDelGro Remains on Track to Achieve Mid-Teen Earnings Growth -- Market Talk

Dow Jones
Nov 17

0159 GMT - ComfortDelGro remains on track to achieve mid-teen earnings growth in 2026, RHB Research analyst Shekhar Jaiswal writes in a report. The Singapore-listed transport company's 3Q net profit growth remained strong, driven by stronger overseas contributions, margin improvement in its U.K. public transport arm and a S$18.5 million gain from the disposal of depots in Victoria, Australia. Looking ahead, earnings growth is expected to be supported by factors including stabilization in the Singapore taxi and private-hire business. RHB maintains a buy rating on the stock and target price of S$1.75. Shares are 0.7% higher at S$1.47.(amanda.lee@wsj.com)

 

(END) Dow Jones Newswires

November 16, 2025 20:59 ET (01:59 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10