\n<\/p>\n
SBS Transit\u2019s rail services saw mixed average daily ridership across its three lines.\u00a0<\/p>\n
The North East Line saw an increase of 2.2 per cent to 602,000, while the Downtown Line also recorded a 1.1 per cent rise to 470,000.<\/p>\n
The Sengkang-Punggol LRT reported a decrease in average daily ridership by 2.6 per cent to 157,000.<\/p>\n
Operating profit from the firm’s public transport businesses fell by 16 per cent to S$45.1 million due mainly to lower bus revenue and higher rail licence charge. This was offset partially by lower fuel and electricity costs arising from lower diesel and electricity prices.<\/p>\n
Revenue from other commercial services rose by 5.1 per cent to S$62.8 million mainly due to advertisers launching more digital campaigns.\u00a0<\/p>\n
Operating profit from these services increased by 18.4 per cent to S$23 million, largely due to lower staff costs and advertising expenses. This was partially offset by higher advertising concession fees.\u00a0<\/p>\n
SBS Transit proposed a final tax-exempt one-tier dividend of 8.66 cents per share. The board also proposed a special dividend of 31.99 cents per ordinary share.<\/p>\n
The final and special dividend is subject to approval by shareholders at the company\u2019s annual general meeting on Apr 23 and will be payable on May 11.\u00a0<\/p>\n
Including the interim tax-exempt one-tier dividend of 8.95 cents paid earlier, SBS will pay a total dividend of 49.60 cents per share for 2025, up 42.2 per cent from 2024.\u00a0\u00a0<\/span><\/p>\n Bus operations revenue is expected to fall after the loss of the Tampines Bus Package from July 2026, SBS Transit said.\u00a0<\/p>\n Rail operations revenue is expected to grow due to sustained increases in ridership and fare adjustments that came into effect on Dec 27, 2025, the company added.<\/p>\n Bus and train card fares went up by 9 to 10 cents per journey for adult commuters.<\/p>\n Concession card holders such as students, seniors and people with disabilities saw their fares increase by 3 to 4 cents for journeys beyond 3.2km.\u00a0<\/p>\n Overall, fares increased by 5 per cent.\u00a0<\/p>\n<\/div>\n