SBS Transit Ltd 2016 AR2
The report highlights SBS Transit's transition to the new Bus Contracting Model (BCM) on September 1, 2016, operating 196 bus routes under eight packages. In the rail sector, ridership increased by 27% to 329 million passenger trips, driven by the first full year of Downtown Line 2 operations. Financially, group revenue rose by 7.3% to $1,098.7 million, and net profit attributable to shareholders increased by 87.6% to $31.4 million. On sustainability, 72.5% of the bus fleet is Euro 5 compliant, and the Gali Batu depot became the first MRT depot in Singapore to achieve Green Mark Gold certification.
Company: SBS Transit Ltd
Sector: Transport & logistics
Country: Singapore
Year: 2016
Type: AR2
Pages: 116
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SBS Transit Ltd
Annual Report
The report highlights SBS Transit's transition to the new Bus Contracting Model (BCM) on September 1, 2016, operating 196 bus routes under eight packages. In the rail sector, ridership increased by 27% to 329 million passenger trips, driven by the first full year of Downtown Line 2 operations. Financially, group revenue rose by 7.3% to $1,098.7 million, and net profit attributable to shareholders increased by 87.6% to $31.4 million. On sustainability, 72.5% of the bus fleet is Euro 5 compliant, and the Gali Batu depot became the first MRT depot in Singapore to achieve Green Mark Gold certification.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees