SBS Transit (S61) investor relations material

Executive summary

• 3Q 2026 operating profit rose 37.7% YoY to $22.64m, including a $13m writeback of prior-year Fuel Equalisation Fund provisions; YTD operating profit increased 12.0% to $56.63m.

• 3Q revenue fell 1.1% YoY as lower bus service fees, rail grants and ridership, and advertising revenue outweighed higher rail average fares.

Financial highlights

• 3Q revenue was $382.12m, down $4.33m or 1.1% YoY; YTD revenue was $1,167.71m, up $35.39m or 3.1%.

• 3Q profit after tax was $19.62m, up 35.8% YoY; profit after tax and minority interest was $19.58m, up 35.5%.

• YTD profit after tax was $49.01m, up 7.6% YoY; profit after tax and minority interest was $48.94m, up 7.5%.

Segment performance

• 3Q Public Transport Services revenue declined $1.40m, mainly from lower bus service fees and lower rail grants and ridership; higher rail average fare partly offset the decline.

• 3Q Other Commercial Services revenue fell $2.93m, mainly due to lower advertising revenue amid economic uncertainty.

• YTD Public Transport Services revenue rose $40.21m on higher bus service fees, rail average fares and Jurong Region Line rail service fees; lower bus mileage partly offset gains.

• YTD Other Commercial Services revenue declined $4.82m, mainly due to lower advertising revenue amid economic uncertainty.