Net Earnings

SBS TRANSIT POSTS RISE IN EARNINGS, CONSUMERS STILL FACE TRANSPORT HIKES

All the figures cited for the first three months for SBS Transit showed a healthy increase. While the company had said that operating costs will be higher with salary adjustments and increase headcount ahead of the opening of the Downtown Line 3, as well as repair and maintenance cost, this does not dilute the fact that in the first three months alone, their revenue has grown.

When times are bad, consumers are saddled with price increases to help pay for costs. Now, it seems like times are good. How come no price decrease for public transport, yet we hear of more price increase?

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