SMRT records Q3 loss

[Kspchew]

Can public transport company allow to make so much profit?

Shouldn't all the access profit (after salary, bonus, maintenance...etc) goes back to the public?

[Jman888]

Can public transport company allow to make so much profit?

Shouldn't all the access profit (after salary, bonus, maintenance...etc) goes back to the public?

 

private own public transportation

 

you want the months go back to you? buy their share.... some reit property owner told this to their tenants

[Tigerwoods]

Can public transport company allow to make so much profit?

Shouldn't all the access profit (after salary, bonus, maintenance...etc) goes back to the public?

You see the money earned from these privatised entities goes to fund our SWF invest in Stocks and shares overseas mainly

But they had been on a losing streak for a while yet the small pool of people continued to reap mirrion $ salaries and bonuses.

In SG only a few cents trickle down to the peasants while the BULK goes up the food chain.

[Csnewbie]

no loss leh...

 

but profit less than ConfortDelgro i think

 

 

they are trying to catch up.

 

watch out

[Thedream]

eh i read left and right, up and down but i dont see any loss for qtr3 leh....

 

*ditto*

[13177]

Can public transport company allow to make so much profit?

Shouldn't all the access profit (after salary, bonus, maintenance...etc) goes back to the public?

It it not public transport company, it is more like private company which only interested in making profits!

[Kspchew]

private own public transportation

 

you want the months go back to you? buy their share.... some reit property owner told this to their tenants

 

Precisely, what I did.

But dividends pay out not very good ley

[Throttle2]

Can public transport company allow to make so much profit?

Shouldn't all the access profit (after salary, bonus, maintenance...etc) goes back to the public?

 

 

It's a listed company.

rightfully and legally speaking it can earn as much as it chooses.

 

any access profit should go back to shareholders like me.

 

Please SMRT raise the freaking fares!

it's too freaking low!

 

 

[Latio2005A]

It's a listed company.

rightfully and legally speaking it can earn as much as it chooses.

 

any access profit should go back to shareholders like me.

 

Please SMRT raise the freaking fares!

it's too freaking low!

 

 

I hope this is tongue in cheek. I dont take public tpt, but once the fare goes up, everything else goes!

[QwertyN]

frankly speaking, find me a profit making organisation that find earning less than previous year is can one.

 

Not that i think SMRT Should be Profit making.

 

transports in countries are suppose to make us civilians life better , more convenient than juz wanting to make profit and earning money from us..

alot of countries if u want an example...

[Happily1986]

Can public transport company allow to make so much profit?

Shouldn't all the access profit (after salary, bonus, maintenance...etc) goes back to the public?

 

correction, it is a public transport operator and a publicly listed entity with a vested interest to bring about greater profitability.

[Falcon1668]

transports in countries are suppose to make us civilians life better , more convenient than juz wanting to make profit and earning money from us..

alot of countries if u want an example...

dont want lah ....... some A$$holes will tell you not to compare

[Jaf78]

i think the losses in profit is

due to frequent breakdown.... lately

= lesses passenger = loss revenue....

[Tigerwoods]

It's a listed company.

rightfully and legally speaking it can earn as much as it chooses.

 

any access profit should go back to shareholders like me.

 

Please SMRT raise the freaking fares!

it's too freaking low!

 

I also agree. I need more dividends this year !

But I not so chek ark like you.

SMRT prease increase by 10cts !!!