SINGAPORE - ComfortDelGro Corp posted a 7.7 per cent rise in net earnings to $283.5 million for the year ended Dec 31.
The record profit was on the back of an 8.1 per cent rise in revenue to $4.05 billion - breaching the $4 billion mark for the first time.
The sterling figures were fuelled by broad-based growth, with Singapore accounting for just over half of operating profits.
Of its overseas markets, the main contributors in order of size were the UK/Ireland, Australia and China.
Among business segments, buses - including bus station operation - remained the biggest profit churner, accounting for $177.1 million of the total $442.1 million total.
This was followed by other main contributors such as taxis ($150.9 million), automotive engineering ($51.4 million), and vehicle inspection and testing services ($36.8 million).
The group's rail business was the smallest contributor at $7.6 million, but it chalked the biggest profit growth of 58.3 per cent.
With the exception of automotive engineering shrinking by 2.5 per cent and car rental and leasing stagnating at $9.1 million, the other businesses all improved.
Earnings per share rose to $13.29 cents from 12.43 cents. Its net margin remained stable at 7 per cent, while net tangible asset per share rose from 101.37 cents to 102.36 cents.
The company is proposing a final dividend of 4.5 cents a share, up from four cents last year.