The company’s profit from its bus and rail service company, which includes people transportation, increased by 2 percent to S$ 1.5 billion in 2024.
The boost, which came primarily from higher road ridership, was offset by lower vehicle revenue mpg.
The average daily ridership for SBS Transit’s bridge services increased across its three lines.  ,
The North East Line saw an increase of 3.3 per share to 589, 000, while the Downtown Line recorded a 5 per cent increase to 465, 000. The Sengkang-Punggol LRT reported a 1 per cent rise in common everyday ridership to 161, 000.
Operating income grew by 33.8 per share to S$ 53.8 million owing mainly to , higher profits, performance savings, and lower fuel and electricity costs. Higher personnel costs and a higher road license fee helped to mitigate this.
Income from various commercial providers increased by 5.1 per share to S$ 59.7 million, due mainly to marketers launching more online activities.
Running earnings fell by 46.8 per share to S$ 19.4 million, largely due to the marketing concession fee paid from Jan 1, 2024 and higher grounds fees. This was offset by higher profits.