[SINGAPORE] Transport operator ComfortDelGro (CDG) reported on Wednesday (Aug 13) an 11.2 per cent increase in earnings for the first half of 2025 to S$106 million, from S$95.3 million in the year-ago period.

Revenue for the period rose 14.4 per cent to S$2.4 billion, from S$2.1 billion in the year prior, due to contributions from its overseas revenue, which contributed more than half of its total revenue for the first time.

Overseas revenue contributions, which amounted to S$1.3 billion, increased to 54.3 per cent of the overall revenue, up from 46.3 per cent in the year-ago period.

Full-year contributions from its acquisitions of UK private-hire service Addison Lee, UK-based ground transport management specialist CMAC, and Australian taxi network A2B in 2024 helped boost CDG’s overseas operating profit by 67.8 per cent compared with a year ago.

Revenue from Singapore, on the other hand, dipped slightly by 2.6 per cent to S$1.1 billion over the same period. 

Earnings per share for H1 2025 was up 11.1 per cent at S$0.0489, from S$0.044 in H1 2024.

Revenue from the public-transport business rose 29.6 per cent to S$1.6 billion in H1 2025, from S$1.5 billion in H1 2024, due to increased revenues from renewals of its UK bus contract at improved margins, as well as the commencement of its four bus franchises in Greater Manchester.

For its taxi and private-hire segment, revenue rose to S$519.7 million, rising 58.7 per cent from S$327.5 million a year ago.

However, operating costs for this segment also increased by 67.5 per ...