LSE:ASC 22 November 2025

March 20, 2026, 3:56 PM EDT. ComfortDelGro Corp Ltd (SGX:C52), Singapore's leading land transport provider, reports steady financials with overseas revenue surpassing 50% of total for the first time. The shift is driven by expanding operations in the UK, Australia, and China, diversifying away from the domestic taxi market facing ride-hailing pressure. Revenue rose 13% to S$5.06 billion in 2025, with net income stable at S$221.20 million. The stock offers a 5.29% dividend yield, appealing to DACH investors seeking income amid European transport sector volatility. CEO Cheng Siak Kian highlighted bids for key projects like Melbourne's rail lines, signaling growth ambitions. Despite challenges abroad, ComfortDelGro maintains a resilient position, balancing mature Singapore operations with emerging global markets in a low-interest environment.