@Bevanthegreat This is easier to read and it also shows SMRT's justifications for fare hikes.

Extracts from the Annual Report of SBS and SMRT on their Revenue and Profit After Tax. Percentage of their Profit After Tax against Revenue for the last 5 years are as follow SMRT year 2006-14.5%, 2007-18.2%, 2008-18.7%, 2009-18.5%, 2010-18.2% SBS year 2006-8.9%, 2007-7.5%, 2008-5.6%, 2009-7.8%, 2010-7.5% SMRT is enjoying an extremely good profit, not expected for a public service type of business. Although SBS is having much lower profit, it is still a very healthy company. Many companies are operating at sub 5% profit. Considering this is a public service, it is also very profitable. In contrast, looking at SIA Annual Report, Total revenue for the Group was $12,707.3 Million with a Profit After Tax of $279.8 Million, that works out to 2.2%. SMRT is 8.3 times more profitable than SIA, while SBS is 3.3 times more profitable than SIA. Both submitted a proposal to increase f...

Full article: http://singaporeelection.blogspot.com/2011/08/sbs-and-smr...

Tweets

SMRT says NO to cab fare compensation..

news.insing.com 17 Dec '11, 3pm

SMRT has admitted that it needs to work on its communication when train incidents happen. The senior management of SMRT to...

SNA - SMRT says NO to taxi fare compensation

On whether SMRT will compensate commuters who had to take taxis as a result of the train breakdowns, CEO Saw Phaik Hwa ans...

[TOC] The story of SMRT is the story of Singapore

[TOC] The story of SMRT is the story of Singapore

theonlinecitizen.com 17 Dec '11, 5pm

“This is the reason why the profits of the two operators have risen manifold since 2003. In 2003, SMRT’s profit was $72 mi...

There, so good at complaining, go try maintaini...

smrt.com.sg 17 Dec '11, 8am

Working at SMRT is more than a job. It is a way of life as the company challenges us to make a difference in every underta...

Transport Minister Lui Tuck Yew says he is disappointed with #SMRT.

Transport Minister Lui Tuck Yew says he is disa...

asiaone.com 17 Dec '11, 2am

AsiaOne Saturday, Dec 17, 2011 Transport Minister Lui Tuck Yew expressed his disappointment on Friday with how SMRT handle...

[CNA] SMRT CEO not stepping down

channelnewsasia.com 18 Dec '11, 1pm

SINGAPORE: SMRT CEO Saw Phaik Hwa has told Channel NewsAsia that she has no plans to step down over the disruptions. She s...

Opposition parties express concern over #SMRT train breakdowns

Opposition parties express concern over #SMRT t...

straitstimes.com 19 Dec '11, 2am

Singapore's opposition parties have expressed concern over the recent MRT breakdowns. In statements at the weekend, both t...

A reader questions the silence of transport aut...

todayonline.com 17 Dec '11, 5am

ALTHOUGH taxi fares are deregulated, it is puzzling that the transport authorities have kept silent amid the flurry of let...

MRT breakdown: Don't break the windows, says SMRT

MRT breakdown: Don't break the windows, says SMRT

straitstimes.com 17 Dec '11, 1am

If you are stuck inside a train, never smash the windows or force the doors open. -- PHOTO: TWITTER If you are stuck insid...

SMRT admits it could've done much better communicating with passengers during Thursday's 5-hour breakdown

SMRT admits it could've done much better commun...

straitstimes.com 17 Dec '11, 1am

An SMRT staff member at City Hall station directing commuters to alternative transport to get to their destinations on Thu...

The #smrt Debacle #sgpolitics #smrtruinslives

The name SMRT has become synonymous with chaos and confusion as evidenced by its worst breakdown in its 24-year operating ...

SMRT CEO apologises for train disruption

SMRT CEO apologises for train disruption

channelnewsasia.com 16 Dec '11, 7am

SINGAPORE: SMRT CEO Saw Phaik Hwa on Friday offered her sincere apologies to all MRT commuters affected by the five-hour b...

(ST) MRT breakdown: Lui Tuck Yew disappointed w...

straitstimes.com 16 Dec '11, 4pm

Transport Minister Lui Tuck Yew (above) expressed disappointment with how SMRT handled Thursday's massive shutdown, callin...

SMRT increases taxi fare rates in line with Com...

straitstimes.com 12 Dec '11, 3pm

SMRT Taxis will follow market leader ComfortDelGro and increase its taxi fares from Dec 20. -- ST PHOTO: DESMOND WEE By Ma...

Taxi fare hikes: Straits Times readers call for boycott of taxi companies

Taxi fare hikes: Straits Times readers call for...

straitstimes.com 13 Dec '11, 6am

ComfortDelGro and SMRT Taxis are drawing a largely negative reaction from readers of The Straits Times Online after their ...