Smrt Trains Ltd. 2014 AR2
The report highlights SMRT Corporation Ltd's performance and strategic initiatives for the fiscal year ended March 31, 2014. During the year, the company faced financial challenges in its fare business, incurring an overall loss of $25.0 million due to rising operating costs, which was mitigated by a 12.4% profit growth in its non-fare business. SMRT made significant progress in system-wide rail renewal programs, improving train reliability and reducing withdrawal rates on the North-South, East-West, and Circle Lines. Additionally, the company launched Singapore's first eco-friendly transit retail space at Woodlands MRT Station, which achieved BCA's Green Mark (Gold) certification, and pioneered the Project: Eco-Shop national eco-certification program.
Company: Smrt Trains Ltd.
Sector: Transport & logistics
Country: Singapore
Year: 2014
Type: AR2
Pages: 204
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Smrt Trains Ltd.
Annual Report
The report highlights SMRT Corporation Ltd's performance and strategic initiatives for the fiscal year ended March 31, 2014. During the year, the company faced financial challenges in its fare business, incurring an overall loss of $25.0 million due to rising operating costs, which was mitigated by a 12.4% profit growth in its non-fare business. SMRT made significant progress in system-wide rail renewal programs, improving train reliability and reducing withdrawal rates on the North-South, East-West, and Circle Lines. Additionally, the company launched Singapore's first eco-friendly transit retail space at Woodlands MRT Station, which achieved BCA's Green Mark (Gold) certification, and pioneered the Project: Eco-Shop national eco-certification program.
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Document Details
Report Year
2014
Reporting Period
Apr 1, 2013 - Mar 31, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available