Two things that will sup­port Com­fort­del­gro’s mid-term out­look

Singapore Business Review - - NEWS FROM SBR.COM.SG -

Com­fort­del­gro should not lose all its hopes as its over­all out­look for next year could be buoyed by two things. Whilst it bears the brunt of the flail­ing taxi busi­ness, the group will be sup­ported by the sig­nif­i­cant rev­enue growth from rail with the open­ing of Down­town line 3 on 21 Oc­to­ber. “This serves more pop­u­lated ar­eas than the first two phases,” an­a­lyst eu­gene Chua said.

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